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Enhances position in the U.S.
April 6, 2011
By: KERRY PIANOFORTE
The specialty chemicals Group Altana has acquired the can end sealants business for the metal can packaging market of U.S.-based Watson Standard Adhesives Company (WSAC). By way of an asset deal, Altana primarily acquired customer relationships, products, know-how and inventories. WSAC’s can end sealants business will be integrated into the ACTEGA Coatings & Sealants division. The former WSAC can end sealant products will be produced at ACTEGA’s existing site near Philadelphia and incorporated into ACTEGA ArtĂstica business.
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