ALTANA acquires Water Ink Technologies

WESEL, Germany—The specialty chemicals Group ALTANA has entered into an agreement to acquire the business of the North American company Water Ink Technologies, Inc. The company produces primarily water-based and UV inks, coatings and varnishes for narrow-web applications at three sites in North Carolina. Among others, these applications are used for package printing and labels. In addition, Water Ink Technologies provides extensive customer service through several mixing stations in the U.S. and Canada.