Altana acquires can end sealants business of Watson Standard Adhesives Company
Published April 6, 2011
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 Artística business.