ALTANA, Wesel, Germany, recently acquired the high-performance additives business of Frankfurt-based DyStar. The acquisition mainly comprises technologies for the production of additives and the processing of plastic compounds, as well as existing customer contacts. The DyStar business, with annual sales of approximately €7.5 million, will be integrated into ALTANA’s BYK Additives & Instruments division.
“With the acquisition of the high-performance additives
business of DyStar we continue our strategy to strengthen and further enhance
the market position of our individual divisions through bolt-on acquisitions in
a targeted manner,” said Dr. Matthias L. Wolfgruber, CEO of Altana AG. “With
this step we underline that our growth ambitions remain unchanged, especially
in economically difficult times, and create value.”
For more information, visitwww.altana.com.
ALTANA Acquires Additives Business of DyStar Group (5/1/09)
May 1, 2009