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ELANTAS, a subsidiary of the speciality chemicals group ALTANA AG, has officially announced the provisional final results of the public tender offer for all publicly held shares of Von Roll Holding AG following the conclusion of the additional acceptance period. Based on the preliminary figures, as of the end of the additional acceptance period on 16 Nov 2023, 33,705,571 Von Roll shares were tendered into the offer. This corresponds to 67.4% of the Von Roll shares covered by the offer. Factoring in the execution of the share purchase agreement with the von Finck family, shares acquired on the market since the pre-announcement, and the treasury shares held by Von Roll, ELANTAS now holds a total of 352,003,732 Von Roll shares, representing 98.5% of Von Roll Holding AG's shares. The completion of the tender offer is expected to take place on 27 Nov 2023, during the second closing. Subsequently, the judicial squeeze-out procedure will be carried out. During this process, non-tendering Von Roll shareholders will be entitled to receive the offer price in cash in exchange for their cancelled shares. Von Roll will subsequently be delisted from the SIX Swiss Exchange. Original source: Altana, website: http://www.altana.com/, Copyright Altana 2023., company structure; mergers and acquisitions; ALTANA; ELANTAS; Von Roll [...]

On 30 Oct 2023, ELANTAS, a subsidiary of the speciality chemicals group ALTANA AG, announced the provisional interim results after the expiration of the public tender offer for all publicly held shares of Von Roll Holding AG (SIX: ROL). Based on the preliminary data, 28'746'339 Von Roll shares were tendered into the offer by the conclusion of the offer period, which represents 57.5% of the Von Roll shares covered by the offer. Factoring in the execution of the share purchase agreement with the von Finck family, the shares acquired on the market since publication of the pre-announcement, and the treasury shares in Von Roll's possession, ELANTAS now holds a combined total of 345,439,841 Von Roll shares. This corresponds to 96.6% of the shares in Von Roll Holding AG. ELANTAS has declared the offer successful, subject to the offer conditions which will remain in effect until the first settlement date. The Von Roll shares tendered during the offer period will be transferred to ELANTAS in exchange for payment at the offer price on 6 Nov 2023 (the first settlement day). The final notification of the interim results will be officially released on 2 Nov 2023. The supplementary acceptance period, allowing continued acceptance of the offer, is anticipated to begin on 3 Nov 2023, pending the offer's completion, and extend until 16 Nov 2023, at 4 pm Swiss time. The tender offer remains contingent on specific conditions until the initial settlement date, expected to be 6 Nov 2023. The closing of the offer is projected for 27 Nov 2023. Subsequently, a squeeze-out will be carried out, in which the non-tending Von Roll shareholders will receive the usual compensation in cash and Von Roll will be delisted from the SIX Swiss Exchange. Original source: Altana, website: http://www.altana.com/, Copyright Altana 2023., company structure; ALTANA; ELANTAS; Von Roll [...]

On 8 Sep 2023, ELANTAS GmbH, a subsidiary of the speciality chemicals group ALTANA AG, released the prospectus for the public tender offer ('Offer') targeting all publicly held shares of Von Roll Holding AG ('Von Roll'; SIX: ROL), at a price of SFR 0.86 net/share in cash. The preliminary announcement of the Offer was made on 11 Aug 2023. The merger of ELANTAS and Von Roll combines the innovative strength of the two companies with the aim of expanding electromobility and renewable energies. Based on an external valuation report ('Fairness Opinion') issued by IFBC in Zurich, the Board of Directors of Von Roll has unanimously endorsed the recommendation for shareholders to embrace the offer and tender their shares. The report of the Board of Directors containing the recommendation and the rationale behind it is included in the offer prospectus. The Offer Period is expected to commence on 25 Sep 2023 and to end on 27 Oct 2023, at 16:00, CEST. The Offer is slated to be completed in Nov 2023 and is subject to customary offer conditions, including regulatory approvals. A detailed indicative timetable is delineated in the Offer Prospectus. ELANTAS has entered into a share purchase agreement with the von Finck family and tender agreements with Von Roll's management, according to which ELANTAS will acquire a total stake of 82.57% in Von Roll, at the stipulated offer price of SFR 0.86/share. In the span between the initial pre-announcement of the offer and the close of the stock exchange on 6 Sep 2023, ELANTAS has additionally acquired 11.2 M shares of Von Roll on the market, accounting for 3.13% of the total share capital. Taking into account the (i) shares encompassed by the share purchase agreement with the von Finck family, (ii) the two tender agreements, (iii) the shares acquired on the market, and (iv) the 1.99% treasury shares owned by Von Roll, ELANTAS holds a total of 313,444,063 Von Roll shares as of 6 Sep 2023, corresponding to 87.69% of the share capital documented in the commercial register. Excluding the inactive voting rights associated with Von Roll's self-owned shares, ELANTAS currently holds 87.44% of Von Roll's voting rights. Following the completion of the offer, ELANTAS intends to undertake a squeeze-out and to pay compensation to the shareholders equivalent to the offer price. Consequently, the Von Roll shares are set to be delisted from the SIX Swiss Exchange. Original source: Altana, website: http://www.altana.com/, Copyright Altana 2023., mergers and acquisitions; ALTANA; ELANTAS; Von Roll [...]

The speciality chemicals group ALTANA has acquired a stake in the tech startup SARALON. The young company specializes in the development of inks for printing electronics. In addition, it offers prefabricated electronic components that enable printers to quickly build capacities for printing electronics. The parties have agreed not to disclose the investment sum. SARALON's functional inks can already be used to print batteries, for example. The products are also utilized in the logistics industry. Printed electronic sensors in packaging measure humidity, temperature, and pressure, among other things. This enables efficient and sustainable monitoring of cold chains, for instance. By investing in SARALON as part of its corporate venturing strategy, ALTANA is bucking the trend and promoting technology-driven startups that have high growth potential. Original source: Altana, website: http://www.altana.com/, Copyright Altana 2022., mergers and acquisitions; printing ink; ALTANA; [...]

Speciality chemicals group ALTANA is expanding its already launched Cubic Ink 3D printing material families with new high-performance resins. The two new resin-based Cubic Ink 3D printing material series 'High Performance' and 'Prototyping' offer high heat resistance, toughness, and flexibility, among other things, in this material segment. Prototyping dental and transparent materials with an adjustable refractive index round out the portfolio. The Cubic Ink printing materials combine process-friendly properties such as low viscosity and resin stability with properties that enable them to be used as final components. ALTANA thus offers a resin portfolio for manufacturer-independent use in any resin-based 3D printing technologies. In addition, its property profile is intended for the end application - special focus is placed on ageing and chemical resistance in particular. The low viscosity of the resins, among other things, permits reliable processing in time- and cost-efficient printing processes for high-performance products. Printing properties and processes can be individually adapted depending on the printer and customer requirements. There are four High Performance material series. With heat deflection temperatures exceeding 190 degC, VP 1 rigid, solid material series are designed for use in demanding applications at very high temperatures, that is, very high HDT values and stability over a long period of time even in the high temperature range. VP 2 series are solid and thermoforming materials for end-use applications; fast printing thanks to low viscosity and a wide range of applications thanks to adjustable mechanical and thermomechanical properties. VP 3 series are materials with adjustable softness that permit high deformations, that is, materials that can be used flexibly even at low temperatures. VP 4 series are high-resolution materials striking a good balance between heat resistance and brittleness at low viscosity, plus good mechanical and thermomechanical properties as well as adjustable properties, so that fast yet high-resolution printing is achieved with great design freedom. There are also four Prototyping material series. Tough series (600 VP) is very high-resolution materials for prototyping and general applications with good chemical stability vis-a-vis aqueous systems and maximum design freedom. Rigid series (200 VP) is dimensionally stable materials for functional prototyping with adjustable rigidity. Dental series (100 VP) is materials that can be used in dental applications for efficient and high-resolution printing with adjustable rigidity and uncomplicated post-processing for maximum design freedom. Clear series (401 VP) is materials that have special optical effects with high transparency as well as an adjustable refractive index. The resin-based Cubic Ink printing material families now being presented expand the range of applications of ALTANA AG's pioneering solutions for industrial 3D printing. The Cubic Ink printing material families for industrial production open up entirely new possibilities for users in the automotive and aerospace industries in particular, as well as in medical technology (including dental medicine and orthopaedics) in the manufacture of their products. Original source: Altana , website: http://www.altana.com/, Copyright Altana 2022., new material; 3D printing compounds; Cubic Ink; Cubic Ink High Performance; Cubic Ink High Performance VP 1; Cubic Ink High Performance VP 2; Cubic Ink High Performance VP 3; Cubic [...]

Elantas, the division Electrical Insulation of Altana AG, is introducing a newly developed wire enamel into the electrical insulation market. The new product Deatherm E 641 GL combines the positive [...]

Altana AG ranks No 15 on PPCJ's 2012 list of top 25 paint manufacturers in Europe based on EMEA coatings sales in the year ended Dec 2011. The German company [...]

Eckart, a member of Altana AG, presents innovative solutions for the printing industry at the drupa on 3-16 May 2012. Among the special highlights are low-migration products focussing on end-user [...]

Altana AG's total employees as of Dec 2010 totalled 4937, broken down by division into 1271 in additives and instruments; 1889 in effect pigments; 918 in electrical insulation; 790 in [...]

Altana AG's sales from its electrical insulation segment rose to EUR 377.4 M in 2010 from EUR 272.7 M in 2009. The division generated the highest growth of all the [...]

Altana AG's sales in Europe rose to EUR 63.7 M in 2010 from EUR 555.1 M in 2009, with sales in Germany rising to EUR 234.5 M from EUR 188 [...]

Altana AG's sales rose to EUR 1535.4 M in 2010 from EUR 1181.7 M in 2009. EBITDA increased to EUR 314.1 M from EUR 208.4 M, while operating income rose [...]

Altana AG's sales from its additives and instruments division rose to EUR 541.2 M in 2010 from EUR 419.9 M in 2009. The business through the sales of additives for [...]

Altana AG's sales from its coatings and sealants segment rose to EUR 260.2 M in 2010 from EUR 206.8 M in 2009. The sales growth was positively influenced, in particular, [...]

Altana AG's sales from its effect pigments division rose to EUR 356.6 M in 2010 from EUR 282.3 M in 2009. The activities in the division benefited from the extraordinarily [...]

Altana AG's sales in Europe rose to EUR 387.2 M in 1H 2011 from EUR 345.8 M in 1H 2010, with sales in Germany rising to EUR 127 M from [...]

Altana AG's sales from its BYK additives and instruments division rose to EUR 314.4 M in 1H 2011 from EUR 279.5 M in 1H 2010, while sales in the Eckart [...]

Altana AG's sales rose to EUR 840.3 M in 1H 2011 from EUR 773.1 in 1H 2010, while EBITDA increased to EUR 172.9 M from EUR 171.5 M. EBIT rose [...]

Actega Rhenania will present innovative and customer focused solutions on coatings, heat seal lacquers and adhesives for the packaging industry at the 2011 INTERPACK Show taking place from 12-18 May [...]

Elantas Electrical Insulation, a division of Altana AG, is announcing global price increases for its wire enamel product line of 8%, starting Apr 2011 or as contracts allows. The price [...]

Altana AG's Provalin PVC- and plasticizer-free sealant for lids of glass jars is going into series production after test and rollout phase in 2010. Pano Verschluss GmbH uses the sealant [...]

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On 26 Aug 2010, Nanophase Technologies Corp, a technology leader in nanomaterials and advanced nanoengineered products, announced that Nanophase and its partner, the German specialty chemical company Altana AG (through [...]

Nanophase Technologies Corp and its partner, the German specialty chemical company Altana AG (through its subsidiary BYK Chemie GmbH) have entered into a new non-exclusive supply arrangement and agreed to [...]

The Annual General Meeting of Altana had adopted on 30 Jun 2010 a resolution to transfer the remaining shares to the majority shareholder SKion GmbH in return for a cash [...]

Altana AG has approved the transfer of the remaining shares to the company's main shareholder SKion GmbH. The decision was reached by the shareholders of the specialty chemicals group at [...]

Altana AG's number of employees in the additives and instruments division rose to 1193 as of 31 Mar 2010 from 1189 as of 31 Mar 2009, while those in the [...]

Altana AG's sales in the Actega coatings and sealants division rose to EUR 61.2 M in 1Q 2010 from EUR 50.7 M in 1Q 2009, while EBITDA increased to EUR [...]

Altana AG's Elantas electrical insulation division showed a recovery of its business activities. The division's sales rose to EUR 85.4 M in 1Q 2010 from EUR 64.5 M in 1Q [...]

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Altana AG's sales in Europe dropped to EUR 555.1 M in 2009 from EUR 664.8 M in 2008, with sales in Germany decreasing to EUR 188 M from EUR 231 [...]

Altana AG's net sales from its additives and instruments segment dropped to EUR 422.4 M in 2009 from EUR 452.7 M in 2008, while EBITDA fell to EUR 119.9 M [...]

SKion GmbH has informed Altana AG that as of 2 Feb 2010 it is holding 129,342,421 shares, or 95.04%, of the Altana shares. SKion is also requesting Altana AG to [...]

SKion GmbH informed Altana AG on 22 Oct 2009 about its decision to make a new, improved offer for the acquisition of shares in Altan AG and that it has [...]

SKion GmbH informed Altana AG on 22 Oct 2009 on its decision to make a new, improved offer for the acquisition of shares in Altana. The decision was published on [...]

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