KEIM-ADDITEC Surface GmbH, a worldwide active German-based producer and developer of aqueous ULTRALUBE wax additives, announces the change of the shareholdership at its subsidiary KEIM- ADDITEC Surface USA LLC (La Grange, IL) by the sale of 49% of its shares to Gehring-Montgomery (Warminster, PA), a subsidiary of TerGroup, Germany, which is active in the distribution of chemical raw materials.
By this cooperation, synergistic effects in the sales and marketing of high performance additives for inks, coatings and related applications shall be used to strengthen the presence in the U.S. market.
In addition, the president of KAS USA LLC, Alan I. Kalmikoff, will retire from this position by June 30, 2014. KEIM-ADDITEC expressively thanks him for his work done the past 10 years as president to grow the company. From July 1, 2014 on, Dave Grabacki will be the successor at this position. Grabacki has more than 30 years experience in the ink and coatings industry. From his entry on June 1 until June 30, he will serve KAS USA LLC as vice president.He can be reached at (215) 863-1550 or by email at Dave.Grabacki@keim-additec.de.