ALTANA AG has signed an agreement to acquire Kometra Kunststoff-Modifikatoren und Additiv GmbH. The company produces polymer modifiers used as impact modifiers and adhesion promoters in many applications. The company will be integrated into ALTANA’s BYK Additives & Instruments division.
“The acquisition of Kometra underlines our strategy of value creation, which includes both organic growth as well as targeted acquisitions in order to expand our market leadership in technologically demanding markets,” said Matthias L. Wolfgruber, Ph.D., CEO of ALTANA.
For more information, visitwww.altana.comorwww.kometra.de.
ALTANA Acquires Polymer Modifier Producer Kometra
January 26, 2011