# Nabaltec acquires Sherwin's stake in Nashtec JV

Nabaltec acquired the 49% membership interest held by Allied Alumina, an affiliate of Sherwin Alumina, in the US alumina trihydrate joint venture Nashtec LLC, becoming sole owner.

- Type: Acquisition
- Announced: 2017-05-01
- Where: Corpus Christi, TX, United States
- Status: completed
- Products: alumina trihydrate (ATH)
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Nabaltec](https://endata.com/companies/23948.md) (acquirer)
- [Allied Alumina](https://endata.com/companies/23949.md) (target)
- [Sherwin Alumina](https://endata.com/companies/23950.md) (partner)
- [Nashtec](https://endata.com/companies/23951.md) (target)

## Sources

- [doi.org](https://doi.org/10.1016/s0306-3747(17)30075-1), 2017-05-01: "Germany's Nabaltec has concluded an agreement to acquire the 49% membership interest held by Allied Alumina, an affiliate of Sherwin Alumina, in their US alumina trihydrate (ATH) joint venture Nashtec LLC."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.