BYK-Chemie USA Inc., Wallingford, CT, the U.S.-based subsidiary of BYK-Chemie GmbH, Wesel, member of ALTANA AG, acquired the business of Bergen Materials, Corp. a U.S.-based additives supplier serving customers in the paint and plastics industries. Net sales of Bergen Materials Corp. is approximately $3 million. The completion of the transaction took place on April 20, 2007. With this move, BYK-Chemie will further strengthen its market presence in North America.
BYK-Chemie will take over the activities of the company, including all client relationships and production assets.
“The acquisition of Bergen Materials is a step towards expanding our fast-growing additives business in the U.S. and will perfectly complement our existing activities,” said Dr. Roland Peter, president Division Additives and Instruments of ALTANA Chemie and managing director of BYK-Chemie.