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ALTANA Acquires Water Ink Technologies
WESEL, Germany—The specialty chemicals Group ALTANA has agreed to acquire the business of the North American company Water Ink Technologies, Inc., a producer of primarily water-based and UV inks, coatings and varnishes for narrow-web applications.
Within the Group, Water Ink Technologies will be integrated into the ACTEGA Coatings & Sealants division under the new name ACTEGA WIT. The existing Water Ink Technologies management team, under the leadership of Michael C. Hague and Patrick S. Hague, will continue to run the operations under the roof of ALTANA.
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