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People & Business :: M&A

Altana Purchases Marbo's Casting Resins Business

9:11 AM MDT | May 23, 2012 | Lindsay Frost

Elantas Electrical Insulation, a subsidiary of Altana (Wesel, Germany), has purchased the Marbo Group’s (Milan, Italy) casting resins business for electrical and electronic applications. The purchase price was not disclosed. Marbo’s business includes products for the encapsulation or coating of electronic components with insulation compounds and materials. The production will take place at Elantas’ existing Collecchio, Italy facility and the company will mostly take over Marbo’s customer relations. "With the acquisition of Marbo's...

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