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Altana expands its additive business through acquisition of Addcomp

By Gerald Ondrey |

Specialty chemicals group Altana AG (Wesel, Germany; www.altana.com) has acquired Addcomp Holland BV (Nijverdal, the Netherlands), a developer and manufacturer of unique polymer additive solutions. Addcomp will be integrated into the Plastic Additives business line of Altana’s largest division BYK Additives & Instruments (www.byk.com). “In acquiring Addcomp, we are continuing to systematically pursue the Altana strategy of generating value-creating growth through targeted acquisitions,” says Christoph Schlünken, member of the Altana Management Board.


Additives from Addcomp enhance functional performance of nearly every type of thermoplastic material for various applications like automotive, construction, packaging and so on. “The acquisition is an ideal fit for BYK. The combination of BYK’s chemical and product expertise together with Addcomp’s unique process technology will enable us to develop and manufacture new and differentiating additives for the Thermoplastic market,” states Stephan Glander, president of BYK Additives & Instruments. “Through this acquisition we are systematically expanding our product portfolio and our application spectrum in the field of plastic additives.”


“We’re pleased that with BYK we have found a new owner for Addcomp that can integrate the company’s business in a larger and more globally orientated structure to tap its full potential on the market for plastic additives,” declares Rudi Muis, managing director of Addcomp Holland BV.


The acquisition adds a broad range of additive solutions with different functionalities, such as antifogging, improved processing, flame retardancy, heat stabilization and ultraviolet (UV) stabilization to BYK’s portfolio. Addcomp is a leader in applying masterbatch technology to achieve superb dispersion, to simplify handling of such difficult additives as liquids and viscous materials, and to provide the highest additive concentrations. The company employs 45 persons and operates production facilities and sales offices in Nijverdal and in Rochester Hills, Mich. In the 2015 fiscal year Addcomp’s sales amounted to a double-digit million Euro figure.

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