PaintSquare.com


The First Word in Protective & Marine Coatings

A Product of Technology Publishing / PaintSquare
JPCL | PaintSquare News | Durability + Design | Paint BidTracker

Power Plant Coating Systems: Selecting and Sourcing

Paint and Coatings Industry News

Main News Page


Altana Buys Henkel Coatings Unit

Wednesday, August 14, 2013

More items for Coating Materials

Comment | More

Global specialty chemicals group ALTANA is pushing deeper into the North American coatings market with the acquisition of Henkel's $15 million specialty coatings business.

Terms of the deal, announced Thursday (Aug. 8), were not disclosed.

MiraFoil
Photos: Henkel

The specialty coatings group generated about $15 million in sales in 2012.

German-based Altana called the acquisition the "next step" in its "North American growth strategy."

Packaging Products

The coatings are sold under the brand names MiraFoil and Miracure and are mainly supplied to the packaging industry in North America. The business generated sales of about $15 million in 2012.

Within the ALTANA group, the business will be integrated into ACTEGA Kelstar Inc. in the United States and into ACTEGA Terra GmbH in Germany. Both companies belong to the ACTEGA Coatings & Sealants division.

“By acquiring the specialty coatings business of Henkel, we are continuing to execute our North American growth strategy consistently and focus on innovative specialty chemicals,” said Dr. Matthias L. Wolfgruber, CEO of ALTANA AG.

UV/EB Coatings

The technologies are acquired by way of an asset deal and include effect and overprint coatings curing under ultraviolet radiation and electron beam.

MiraFoil

ALTANA said the deal would deliver "two highly innovative and sustainable product families."

“With the specialty coatings business of Henkel, we are expanding our product portfolio by two highly innovative and sustainable product families,” said Dr. Roland Peter, president of ACTEGA Coatings & Sealants. “Hence, we will be able to offer our customers even better solutions that are tailor-made to their needs.”

About the Companies

ALTANA AG is a holding company with four operating divisions: BYK Additives & Instruments, ECKART Effect Pigments, ELANTAS Electrical Insulation and ACTEGA Coatings & Sealants.

ALTANA has 43 operational companies and 47 research and application labs worldwide. The company's product portfolio includes additives, special coatings and adhesives, pigments, sealants and compounds, resins, varnishes, and testing and measuring instruments.

Henkel brands and products

Henkel is the parent company of many popular adhesive, personal care and cleaning brands.

German-based Henkel operates consumer and industrial businesses worldwide in the adhesives, beauty care, and laundry and home care industries. Its brands include Dial, Purex, Right Guard and Loctite.

   

Tagged categories: Acquisitions; Adhesive; Altana; Business matters; Henkel Corp; Specialty Coatings; UV coatings

Comment Join the Conversation:

Sign in to our community to add your comments.

Mitsubishi Gas Chemical America
Performance Amine 1,3-BAC

A highly reactive cycloaliphatic diamine offering superior performance. Reasonable cost and curing efficacy makes it suitable for all types of epoxy resin applications.


BASF
New resins from BASF will have metals loving water:

Excellent corrosion resistance, low VOC, high gloss, thin films basf.us/industrialcoatings
polyorders@basf.com
800-231-7868


International Paint LLC
A Long Track Record of Success

  • Polyurethanes
  • Linings
  • Epoxies
  • Zincs
The Power to Protect™
1-800-589-1267


Wasser High-Tech Coatings Inc.
Wasser Coatings Protect

some of the most important bridges in the country; learn about our NEPCOAT-approved system and our entire range of MCU & Polyurea coatings. 1-800-627-2968 www.wassercoatings.com


Sherwin-Williams

Sherwin-Williams
Our 3,500 locations give you a level of service that is simply unmatched.


Polyval Coatings
Polyflex® Polyurea Linings

exhibit outstanding versatility in use; providing abrasion resistance, superior seamless waterproofing and high-chem corrosion protection. www.polyflexlinings.com


Fischer Technology Inc.
Gauges Meet IMO-PSPC & SSPC-PA2 Requirements

• USB or optional Bluetooth
• Custom inspection reports
• Excellent on edges & rough surfaces; Optimum accuracy
• Largest selection of probes to meet challenging situations
Call Fischer: 800-243-8417

 
 
 
Technology Publishing

The Technology Publishing Network

The Journal of Protective Coatings & Linings (JPCL) PaintSquare
Durability + Design Paint BidTracker JPCL Europe

 
EXPLORE:      JPCL   |   PaintSquare News   |   Interact   |   Buying Guides   |   Webinars   |   Resources   |   Classifieds
REGISTER AND SUBSCRIBE:      Free PaintSquare Registration   |   Subscribe to JPCL   |   Subscribe to PaintSquare News
MORE:      About PaintSquare.com   |   Privacy policy   |   Terms & conditions   |   Site Map   |   Search   |   Contact Us
 

© Copyright 2000-2014, Technology Publishing / PaintSquare, All rights reserved
2100 Wharton Street, Suite 310, Pittsburgh PA 15203-1951; Tel 1-412-431-8300; Fax 1-412-431-5428; E-mail webmaster@paintsquare.com