WESEL, Germany/ SÃO PAULO, Brazil – The specialty chemicals group ALTANA has acquired two companies in Brazil. As a result, the ACTEGA division now has its own sites in South America's largest country. Both of the acquired companies are owner operated and headquartered in the state of São Paulo. Premiata, which operates two facilities under the name of Premiata Tintas and Premiata Especialidades Químicas, specializes, respectively, in printing inks and coatings for the packaging industry. Overlake is an over-print varnishes specialist with 70 employees.
"Through these acquisitions, we are systematically expanding our business in the growing Brazilian market," explains Martin Babilas, member of the management board of ALTANA AG. "As both companies focus entirely on specialty chemicals and tailored customer solutions, they are a perfect match for ALTANA."