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Specialty chemicals group ALTANA has announced the acquisition of metal powder specialists TLS Technik Spezialpulver and Aluminium Materials Technologies (AMT), advancing the group’s ECKART division.
The double buyout will serve to strategically expand ECKART’s 3D printing materials portfolio with the development of new and novel alloys for industrial applications.
Martin Babilas, CEO of ALTANA, states: “With this step we are continuing to implement ALTANA’s strategy of generating value-creating growth through targeted acquisitions, even in difficult economic times.”
Inside an ALTANA ECKART production facility. Photo via ECKART.
Metal powder production with TLS
TLS has been producing high-quality metal 3D printing powders out of Bitterfeld, Germany for over 25 years. According to Dr. Wolfgang Schütt, head of ALTANA’s ECKART Division, TLS’ expertise in the field will complement ECKART’s specialist knowledge in the atomization of metals greatly, and the pair will be working to develop new functional applications for their joint materials.
As it stands, ECKART offers corrosion protection materials, ingredients for the production of aerated concrete, and even fuels for space travel. As part of the acquisition, ECKART will also be taking over TLS’ Bitterfeld production facility along with around 40 of its employees, integrating its operations to advance …
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