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Altana acquires production of Metalure pigments from Avery Dennison

October 6, 2011

Eckart Effect Pigments, a division of Altana AG, has signed an agreement to acquire the production of Metalure pigments from Avery Dennison. Eckart has been the worldwide distributor of these high-quality PVD-type aluminum pigments manufactured by Avery Dennison for over 20 years. Eckart will now acquire the production located at the premises of Avery Dennison in Schererville, Ind., United States, the technology and approximately 40 employees. The new production unit
will be managed by Eckart America as the third U.S.-based Eckart site. Avery Dennison as well plans to continue its other operations at the Schererville premises. Financial details were not disclosed and the transaction is subject to approval by Germany’s Federal Cartel Office. Eckart utilizes Metalure pigments in the coatings, graphic arts and cosmetics business lines.

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