Altana completes acquisition of Schmid Rhyner AG

The specialty chemicals group Altana has completed the acquisition of the overprint varnish specialist Schmid Rhyner AG, which was previously part of the Swiss Conzzeta Group. The acquisition was announced on 20 December 2019. Schmid Rhyner AG will be integrated into Altana’s Actega division, which will thus be strategically expanded.

13 Mar 2020 | By Dibyajyoti Sarma

Schmid Rhyner was founded in 1880. Headquartered in Adliswil, Switzerland, and with a subsidiary in New Jersey, US, the company has almost 80 employees and sells its products in over 100 countries worldwide. In 2018, the company achieved sales of approximately 50 million euros. The company specialises in solutions for print finishing and digital printing. In addition to protecting packaging, the products also achieve a variety of optical effects.

“We are pleased to welcome our new colleagues. Together, we want to offer our customers an even broader and more custom-fit solution and product portfolio in the packaging and printing sector in the future,” Thorsten Kröller, president, Actega, said.

Actega is a division of the international specialty chemicals group Altana and develops and produces coatings and sealants, printing inks and adhesives for flexible and rigid packaging and for the graphic arts industry.

These products do not only lend an attractive appearance to materials such as paper, paperboard, plastic and metal, but also provide clearly defined technical properties, such as chemical and physical resistance to the materials' surface. The main customers for the products Actega develops, manufactures and markets are in the packaging industry.