Schmid Rhyner reportedly generated sales of roughly €50 million (approximately $55.6 million) in 2018, with around 80 employees.
ALTANA recently announced it is acquiring Switzerland-based Schmid Rhyner AG, thereby strategically expanding its ACTEGA division. Schmid Rhyner, which specializes in print finishing solutions, reportedly generated sales of roughly €50 million (approximately $55.6 million) in 2018, with around 80 employees.
“In acquiring Schmid Rhyner, we are continuing to systematically pursue the ALTANA strategy of generating value-creating growth through targeted acquisitions,” said Martin Babilas, CEO of ALTANA AG.