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People & Business :: M&A

Altana to Buy Printing Inks Maker

4:41 AM MDT | May 18, 2011 | Kerri Walsh

Altana has agreed to acquire the Color Chemie Group (Budingen, Germany), a maker of water-based specialty printing inks and offers related services to its customers. Color Chemie’s printing inks are primarily used for packaging boxes, but can also be used on foils, carrier bags, gift-wrapping papers, and wallpapers. Financial terms of the deal were not disclosed.  Color Chemie reported sales of €46 million ($66 million) last year, and employed about 150 workers. The company has production sites at Budingen and Bonn, Germany, as well as in Austria...

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