Wesel (D)/Collecchio (I), May 23, 2012
ALTANA acquires Marbo's casting resins business
ELANTAS Electrical Insulation, a division of the specialty chemicals Group ALTANA AG, has acquired the casting resins business for electrical and electronic applications of the Italian Marbo Group. The casting resins business of Marbo includes products for the encapsulation or coating of electronic components with insulation materials (compounds). ELANTAS mainly takes over Marbo's customers and know-how. The production will be incorporated into ELANTAS Italia's facilities in Collecchio.
"With the acquisition of Marbo's casting resins business we expand our electronics and engineering materials business line. Following similar acquisitions, the present acquisition consistently enhances this business area and strengthens the locations of ELANTAS in Italy. We will offer our new customers a smooth transition of the casting resins products as well as further innovative solutions in the area of electrical insulation,“ stated Dr. Wolfgang Schütt, President Division ELANTAS Electrical Insulation.
Further information can be found at www.elantas.com/italia
This press release contains forward-looking statements, i.e. current estimates or expectations of future events or future results. These statements are based on beliefs of ALTANA as well as assumptions made by and information currently available to ALTANA. Forward-looking statements speak only as of the date they are made. ALTANA does not intend, and does not assume any obligation, to update forward-looking statements to reflect facts, circumstances or events that have occurred or changed after such statements have been made.
ALTANA develops and produces high-quality, innovative products in the specialty chemicals business. The ALTANA Group, with headquarters in Wesel/Germany, is a genuine “global player” with about 85% of its sales generated by international activities. The ALTANA Group has four divisions: BYK Additives & Instruments, ECKART Effect Pigments, ELANTAS Electrical Insulation, and ACTEGA Coatings & Sealants. All of these divisions occupy a leading position in their target markets with respect to quality, product solution expertise, innovation and service.
ALTANA offers innovative, environmentally compatible solutions with the matching specialty products for coating manufactures, paint and plastics processors, the printing and cosmetic industries, and the electrical and electronics industry. The product range includes additives, special coatings and adhesives, effect pigments, sealants and compounds, impregnating resins and varnishes, and testing and measuring instruments.
At present, the ALTANA Group has 42 production facilities and more than 50 service and research laboratories worldwide. Throughout the group about 5,300 people work to ensure the success of ALTANA worldwide. In 2011, ALTANA achieved sales of more than 1.6 billion euros. Its impressive earning power and high growth rate make ALTANA one of the most successful and innovative chemical groups worldwide.