Altana Acquires Color Chemie
The specialty chemicals Group Altana has signed an agreement to acquire the Color Chemie Group. The chemical company, which is headquartered in Büdingen, Hesse, Germany, mainly produces environmentally friendly, water-based specialty printing inks and offers related services to its customers. Color Chemie’s printing inks are primarily used for packaging boxes, but also on foils, carrier bags, gift wrapping papers and wallpapers. In 2010, the Color Chemie Group achieved sales of EUR 46 million with about 150 employees. In addition to Büdingen, the company has production sites in Bonn, Germany, as well as in Austria, France and Poland. Color Chemie will be integrated into the Altana division Actega Coatings & Sealants. The transaction is subject to approval by Germany’s Federal Cartel Office.
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