ALTANA Chemie acquires Kelstar International
Strategic Expansion of ALTANA Coatings & Sealants in the Area of Packaging Coatings in the US
04-Oct-2005
Kelstar, headquartered in Cinnaminson near Philadelphia operates a production facility with around 100 employees. Sales turnover in 2004 was approximately US $ 48,5m. ALTANA Chemie will take over the fast growing company, including all employees and the production assets. Details of the sales price have not been disclosed.
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