ALTANA Acquires Henkel's Closure Materials Business
The business will be integrated into ALTANA Group's ACTEGA division.
ALTANA recently announced that it has acquired Henkel's closure materials business. As a result, the specialty chemicals group reports that it is strengthening its range of PVC-free solutions for the packaging industry. Within the ALTANA Group, the business will be integrated into the ACTEGA division and globally assigned to the Metal Packaging Solutions business line. The parties have agreed not to disclose the purchase price.
"With the acquisition of Henkel's closure materials business, we are continuing to systematically implement our acquisition strategy and our focus on innovative specialty chemicals," said Martin Babilas, CEO of ALTANA AG.