ALTANA ACQUIRES EFFECT PIGMENT BUSINESS OF USBP
The acquired business mainly comprises the production of copper pigments, bronze pigments, and stainless steel pigments, as well as press-ready metallic printing inks. USBP generates about 60% of its sales of these pigments in the NAFTA region, and about 15% in Asia and Europe each. No manufacturing site and no employees are included under the agreement with USBP; the production for this business will be transferred to ECKART’s U.S. affiliate ECKART America in Painesville, OH, and to its main factory in the Bavarian town of Güntersthal in Germany.
For more information, visit www.altana.com/press.