 "Altana acquires Dutch polymer additive maker Addcomp")
Specialty chemicals group Altana has acquired the Dutch enterprise Addcomp Holland BV, a developer and manufacturer of unique polymer additive solutions. Addcomp will be integrated into the plastic additives business line of Altana’s largest division BYK Additives & Instruments. “In acquiring Addcomp, we are continuing to systematically pursue the Altana strategy of generating value-creating growth through targeted acquisitions,” said Dr Christoph Schlunken, member of the Altana management board.
Additives from Addcomp enhance functional performance of nearly every type of thermoplastic material for various applications like automotive, construction, packaging, etc. “The acquisition is an ideal fit for BYK. The combination of BYK’s chemical and product expertise together with Addcomp’s unique process technology will enable us to develop and manufacture new and differentiating additives for the thermoplastic market. Through this acquisition we are systematically expanding our product portfolio and our application spectrum in the field of plastic additives,” stated Dr Stephan Glander, president of BYK Additives & Instruments.
The acquisition adds a broad range of additive solutions with different functionalities, such as antifogging, improved processing, flame retardancy, heat stabilisation and UV stabilisation to BYK’s portfolio. Addcomp is one of the leading players in applying masterbatch technology to achieve superior dispersion, to simplify handling of such difficult additives as liquids and viscous materials, and to provide the highest additive concentrations. The company employs 45 persons and operates production facilities and sales offices in Nijverdal (Netherlands) and in Rochester Hills (Michigan, USA). In 2015, Addcomp’s sales amounted to a double digit million Euro figure.
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