03-Jul-2019 - ALTANA AG

ALTANA acquires business from the Paul N. Gardner Company

The specialty chemicals group ALTANA has acquired the operating assets of the Paul N. Gardner Company Inc. of Pompano Beach FL, USA. Within the ALTANA Group, the business will be integrated into the Instruments Business Line of the BYK Division (BYK-Gardner), and will continue to operate as Paul N. Gardner.

The Paul N. Gardner Company, as well as BYK-Gardner, have a common origin in the Henry A. Gardner Laboratory, founded in 1935 in Bethesda MD. Both companies are worldwide leaders in the production and sale of physical testing instrumentation and supplies for the paints, coatings, and related markets. These devices effectively assess the quality of color and gloss as well as the physical properties of coated surfaces.

“I can’t think of a better business combination for our customers than ALTANA,” said Paul N. Gardner Jr., President and CEO of Paul N. Gardner Company Inc. (Gardco). “I’m confident that this is the best avenue for our customers as well as our employees to take Gardco and BYK to the next level of growth.”

“We are extremely fortunate and happy to be able to utilize the combined strengths of BYK Instruments and Paul N. Gardner Co. Inc. to continue to provide new and innovative solutions and increased value to our combined customer base,” said BYK Instruments CEO Frank Wagner.

Terms of the sale were not disclosed.

Facts, background information, dossiers
  • acquisitions
  • testing devices
More about Altana
  • News

    ALTANA posts double-digit growth

    ALTANA achieved double-digit growth in the first half of 2021. In the first six months of the year, the specialty chemicals group’s sales rose by 24 percent to 1,334 million euros compared to the same period of the previous year (1,078 million euros), which was significantly influenced by t ... more

    2020 Results: ALTANA’s sales down only slightly

    Despite the burdens of the coronavirus pandemic, the specialty chemicals group ALTANA recorded only a slight decline in sales in the 2020 fiscal year and was able to increase EBITDA in a year to year comparison. Sales reached 2,178 million euros, just 3 percent below the 2019 level. Adjuste ... more

    Change at the top of ALTANA’s Supervisory Board

    The Supervisory Board of the specialty chemicals group ALTANA has reconstituted itself. The Supervisory Board elected Dr. Matthias L. Wolfgruber, who has been a member of the Supervisory Board of ALTANA AG since March 2016, as its new chairman. Dr. Wolfgruber, who holds a doctorate in chemi ... more

  • Companies

    ALTANA AG

    ALTANA develops and produces high-quality innovative products in the specialty chemicals business. The ALTANA Group, with headquarters in Wesel/Germany, is a genuine "global player” with 83% of its sales generated by international activities. The ALTANA Group has four divisions: BYK Additiv ... more

    ALTANA AG

    ALTANA develops and produces high-quality, innovative products in the specialty chemicals business and is one of the most successful and innovative chemical groups worldwide. more

More about BYK-Gardner
  • Companies

    BYK-Gardner GmbH

    BYK-Gardner is committed to providing you with quality products and services. We strive to be your partner in helping you provide better products to your customers. We offer complete system solutions to solve your problems in areas of color, appearance, and physical properties. BYK-Gardner ... more