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ALTANA, a Germany-based specialty chemicals company, is expanding its stake in the additive manufacturing sector with the acquisition of two companies: Germany’s TLS Technik GmbH & Co. Spezialpulver KG, a manufacturer of metal powders for 3D printing; and Britain’s Aluminium Materials Technologies Ltd. (AMT). The acquisitions will expand ALTANA’s ECKART division, a leading manufacturer of effect pigments.
The first acquisition is of TLS, a Bitterfeld-based firm with over 25 years of experience in the production of industrial metal powders for AM. The company’s extensive capability will complement ECKART’s own activities in the atomization of metal materials. As part of the deal, ECKART will gradually take over TLS’ production facility and roughly 40 employees.
“By acquiring the TLS business, we are expanding our portfolio in 3D printing for industrial additive manufacturing and positioning ourselves in a technology market of the future,” explained Martin Babilas, CEO of ALTANA AG. “With this step we are continuing to implement ALTANA’s strategy of generating value-creating growth through targeted acquisitions, even in difficult economic times.”
Dr. Wolfgang Schütt, head of ECKART, added: “TLS’ expertise in the production of metal powders and alloys for metallic 3D printing complements ECKART’s strengths as a specialist …
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