# ALTANA agrees to acquire Silberline Group

ALTANA has entered into an agreement to acquire Silberline Group, a U.S. manufacturer of aluminum effect pigments, to expand its ECKART division and strengthen presence in North America and Asia.

- Type: Acquisition
- Announced: 2024-01-10
- Where: Tamaqua, Pennsylvania, United States
- Status: announced
- Products: aluminum effect pigments
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [ALTANA](https://endata.com/companies/2187.md) (acquirer)
- [Silberline](https://endata.com/companies/9698.md) (target)

## Sources

- [eckart.net](https://www.eckart.net/en/news-en-2024-silberline-acquisition), 2024-01-10: "The acquisition is further proof that we are sustainably implementing our strategy of generating value-creating growth through targeted acquisitions."
- [gracematthews.com](https://gracematthews.com/transactions/silberline/), 2024-01-10: "The acquisition is further proof that we are sustainably implementing our strategy of generating value-creating growth through targeted acquisitions."
- [altana.com](https://www.altana.com/press-news/details/strategic-acquisition-altana-expands-its-global-presence-in-the-effect-pigments-business.html), 2024-01-10: "The acquisition is further proof that we are sustainably implementing our strategy of generating value-creating growth through targeted acquisitions."
- [tnonline.com](https://www.tnonline.com/20240112/silberline-president-sale-was-necessary-decision/), 2024-01-12: "The decision to sell our family’s business after more than 75 years and three generations was very difficult, but when considering both family and employees, it was a necessary decision to ensure the continuity of the business."
- [pcimag.com](https://www.pcimag.com/articles/keyword/4797-mergers-and-acquisitions?page=24), 2024-03-06: "The completion of the transaction is still subject to customary closing conditions, and both parties have agreed not to disclose the purchase price."

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