People & Business :: M&A
Altana completes Rockwood rheology acquisition
11:49 AM MDT | October 1, 2013 | Vincent Valk
Altana has completed the $635-million acquisition of Rockwood’s rheology additives business, the company says. The deal, which was announced in July, adds 350 employees and four new production sites to Altana. Rheology additives are used in coatings, construction, and personal-care applications, among others. They are employed to improve flow characteristics, such as viscosity, in coatings. "The acquisition not only opens up new growth opportunities; it also emphasizes our strategy focusing on profitable growth and is fully in line with all our...
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