A sample of an elegant matt / gloss combinations that gives an impression of luxury and high product quality. (video: Actega Coaling and Sealants)
Altana acquired Schmid Rhymer, the overprint varnish specialist Schmid Rhyner for the strategic expansion of Altana’s Actega division
Schmid Rhyner, expert in print finishing solutions
“In acquiring Schmid Rhyner, we are continuing to systematically pursue the Altana strategy of generating value-creating growth through targeted acquisitions,” says Martin Babilas, CEO of ALTANA AG.
Schmid Rhyner has practical experience in print finishing solutions. In 2018, it generated sales of roughly EUR 50 million with around 80 workers.
Established in 1880 and headquartered in Adliswil, Switzerland, with a subsidiary in New Jersey, USA, the organization sells its items in more than 100 nations around the world. Notwithstanding to protecting packaging with high quality matt and gloss coatings, Schmid Rhyner items achive a variety of optical effects. The organization likewise creates innovative solutions for digital printing.
Acquisition to open new markets and application areas
“With the acquisition of Schmid Rhyner AG, we strengthen our technology competence in this area,” says Thorsten Kröller, President of Altana’s Altega division.
“It enables us to open up new markets and application areas, especially in the fields of flexible packaging and digital printing.”
Jakob Rohner, CEO of Schmid Rhyner AG: “Our team openly embraces the opportunity of becoming part of Actega. Schmid Rhyner will benefit from the broadened distribution channels for future growth.”
Info about Actega:
Actega is a division of the international specialty chemical group Altana and creates and produces coatings and sealants, printing inks and adhesives for flexibles and rigid packaging and for graphic arts industry.
These items don’t just loan an appealing appearance to materials, for example, paper, paperboard, plastic and metal, yet in addition give clearly defined technical properties, for example chemical and physical resistance to the materials’ surface.
The main customers for the items Actega develop, fabricate and advertise in packaging industry.
Info about Altana:
Altana is a worldwide innovator in true specialty chemicals. The Group offers innovative, ecologically compatible solutions for coating manufacturers, paint and plastic processors, printing and packaging industries, cosmetics sector and electric and electronics industry.
The portfolio includes additives, special coatings, adhesives, effect pigments, sealants and compounds, impregnating resins and varnishes, testing and measurement instruments. Altana has four divisions: BYK, Eckart, Elantas and Actega, all with a leading position in their objective markets regarding quality, item arrangement expertise, innovation and services.
Headquartered in Wesel, Germany, the Altana Group has 47 production facilities and 60 office services and research labs around the world. All the Group has around 6,400 individuals working to guarantee the worldwide success of Altana. In 2018, Altana achieved sales of €2.3 billion. Around 7 percent of sales are invested in research and development every year.
