Altana acquires two companies in Brazil

Altana acquires two companies in Brazil

11:57 AM, 22nd December 2014
Altana acquires two companies in Brazil

SAO 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 federal state of Sao Paulo, Brazil. Premiata, which operates two facilities under the name of Premiata Tintas and Premiata Especialidades Quimicas, specializes, respectively, in printing inks and coatings for the packaging industry with140 employees. Overlake is an overprint varnishes specialist with 70 employees at one site.

“Through these acquisitions we are systematically expanding our business in the growing Brazilian market. As both companies focus entirely on specialty chemicals and tailored customer solutions they are a perfect match for Altana,” explained Martin Babilas, Member of the Management Board, Altana AG.

 

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