The specialty chemicals group ALTANA has entered into an agreement to acquire the Silberline Group, which specializes in developing and manufacturing effect pigments utilized in applications including automotive coatings and printing inks, plastics, protective coatings, and packaged consumer goods.
“The acquisition is further proof that we are sustainably implementing our strategy of generating value-creating growth through targeted acquisitions,” says Martin Babilas, CEO ALTANA AG. According to the company ALTANA is strategically expanding its ECKART division and strengthening its regional presence, particularly in North America and Asia.