Tel: +49 281 670-8
Fax: +49 281 670-10999
Sales: $300 million in printing ink and graphic arts coatings sales (Ink World estimate); €1.7 billion ($2.27 billion) overall.
Major Products: Metallic inks and pigments; UV and water-based inks and coatings.
Key Personnel: Dr. Matthias L. Wolfgruber, CEO; Martin Babilas, CFO; Dr. Georg F.L. Wießmeier, CTO; Jörg Bauer, VP human resources; Dr. Roland Peter, president Division ACTEGA Coatings & Sealants; Dr. Christoph Schlünken, president Division BYK Additives & Instruments; Dr. Wolfgang Schütt, president Division ECKART Effect Pigments; Dr. Guido Forstbach, president Division ELANTAS Electrical Insulation; Dr. Andreas Jerschensky, head of corporate development/ M&A.
Number of Employees: 5,400.
Comments: ALTANA AG enjoyed an excellent 2012, with sales growing 5% to €1.7 billion. The company’s earnings before interest, taxes, depreciation and amortization (EBITDA) also grew by 5%, to €323 million, with a margin of 19%.
“In 2012, we proved once again that we are able to achieve profitable growth, even in a rapidly changing environment,” said Dr. Matthias L. Wolfgruber, CEO of ALTANA AG. “This was possible because we have implemented our growth strategy consistently and acted flexibly.“
The ALTANA Group is made of four divisions: BYK Additives & Instruments, ECKART Effect Pigments, ELANTAS Electrical Insulation and ACTEGA Coatings & Sealants. ECKART Effect Pigments and ACTEGA Coatings & Sealants play key roles in terms of ink and graphic arts coatings.
ECKART is the leading metallic ink and pigment manufacturer, and has a strong position in pearlescent pigments. In 2012, ECKART Effect Pigments’ sales were €341 million, a decline of 2% from 2011.
ACTEGA Coatings & Sealants’ sales increased 12% to €334 million, driven by the acquisition of the Colorchemie Group, a European water-based ink specialist, in mid-2011. In an important personnel move, Dr. Wolfgang Josten, formerly a member of the managing board of Epple Druckfarben AG, was named managing director of ACTEGA Colorchemie GmbH in January 2013.
ACTEGA also includes ACTEGA WIT, the former Water Ink Technologies, a North American water-based ink leader, as well as ACTEGA Terra GmbH and ACTEGA Kelstar, which manufacture UV and water-based coatings for graphic arts for Europe and North America, respectively.
In November 2012, ALTANA AG rotated the four division presidents. Dr. Roland Peter took over the management of ACTEGA Coatings & Sealants. Dr. Guido Forstbach moved to ELANTAS Electrical Insulation. Dr. Wolfgang Schütt leads ECKART Effect Pigments, and Dr. Christoph Schlünken took over the management of BYK.
“We are convinced that the four division presidents will continue their successful work in these new positions and will give fresh impetus to the business with their proven expertise and experience,” said Dr. Wolfgruber.
In December 2012, ALTANA acquired the business of ChemCor, a U.S.-based wax additive manufacturer. The business was integrated into BYK USA Inc., part of the ALTANA Additives & Instruments division.
In May 2012, ELANTAS Electrical Insulation acquired the casting resins business for electrical and electronic applications of the Marbo Group, which includes products for the encapsulation or coating of electronic components with insulation materials (compounds).