ALTANA Acquires Metallic Pigments and Printing Inks Business of Wolstenholme Group
The acquired business comprises bronze and aluminum pigments as well as printing inks based on the Wolstenholme pigments for the graphic arts, coatings and plastics industries. The business will be integrated into ECKART, ALTANA’s Effect Pigments division, which generated sales of €339 million in 2006. ALTANA will not take over Wolstenholme’s production plants and employees in Great Britain. Instead, ECKART is going to increase the production capacities in its main factory in the Franconian town of Güentersthal (Bavaria). Wolstenholme will continue to carry out the production of effect pigments on behalf of ECKART until the transfer of the production to Germany is fully completed.