Enhances position in the U.S.
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.