ALTANA has acquired the US company PolyAd Services, a leading developer and manufacturer of additive solutions for the global plastics market.
According to ALTANA, PolyAd Services will be integrated into the Plastics Additives business line of ALTANA Group’s largest division BYK Additives & Instruments. “With the acquisition of PolyAd Services, we are creating additional value in a targeted manner and at the same time strengthening our innovative capabilities,” says Dr. Christoph Schlünken, Member of the ALTANA Management Board.
“With the acquisition, we are systematically expanding our product portfolio and application spectrum in the field of plastics additives even more following the recent purchase of the Dutch additive manufacturer Addcomp,” explains Dr. Stephan Glander, President of BYK Additives & Instruments.
“We very much look forward to our joint future with BYK, which will enable us to fully exploit our company’s potential in the plastics additives market,” says Mike Modak, CEO of PolyAd Services.
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