Ciba agrees to buy photoinitiator business from Lamberti Group
New patented photoinitiators for coatings, inks, adhesives and electronics
Thomas Engelhardt, Global Head of Ciba’s Coating Effects Segment, says: “We are excited about this opportunity to grow in one of the most important areas of our business. Lamberti offers complementary technologies, particularly in food packaging, and it shares Ciba’s commitment to cutting-edge innovation. By combining its photoinitiator products and know-how with our own, we can provide a broader, deeper and more versatile range of UV curing solutions to our customers.”
Ciba CEO Brendan Cummins comments: “As we reshape our portfolio, we are building on the Company’s core technological strengths. Lamberti’s photoinitiator business is attractive because of its excellent fit with our current offer and its valuable intellectual property and expertise. This move will strengthen UV curing as a growth driver in our Coating Effects business.”
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