Altana AG has acquired Kelstar International, a privately owned Philadelphia-based company that specializes in aqueous and UV curable coatings for the printing Industry. Kelstar's products are used on folding cartons, labels, commercial advertisements and publications.
Kelstar, which was a founded in 1987 by Steve and Harvey Kramer, had sales of $48.5 million in 2004.
Altana to acquire Philadelphia-based Kelstar
By Christine Esposito
Published September 29, 2005
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