Siegwerk acquires Actega Colorchemie from the Altana Group
Siegwerk has signed a contract to acquire printing in manufacturer Actega Colorchemie and its subsidiaries.
The purchase further expands Siegwerk’s position in the European market for water-based printing inks.
Actega Colorchemie, which belongs to Altana’s Actega coatings and sealants division, develops and manufactures water-based flexo printing inks, particularly for printing on corrugated board packaging.
‘With its extensive range, its high brand awareness, and its pronounced service competence, Actega Colorchemie fits excellently with Siegwerk,’ said Hugo Noordhoek Hegt, president packaging EMEA and a member of the management board of Siegwerk. ‘Due to the merger, we can open up new segments and further enhance our profile as a supplier of water-based printing inks in Europe.’
By acquiring Actega Colorchemie, Siegwerk is expanding its packaging printing offerings. Actega Colorchemie sells its products in numerous European countries. The company employs around 140 people at four sites in Germany, France, Austria and Poland. It is headquartered in Büdingen in the German state of Hesse.
The transaction is subject to approval by the competition authorities. Until such approval is granted, Siegwerk and Actega Colorchemie will operate independently with no consequences for customers, employees and suppliers. The parties have agreed not to disclose the purchase price.
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