International News

ALTANA announces the acquisition of TLS Technik GmbH & Co. Spezialpulver KG, a manufacturer of metal powders for 3D printing, and thus strategically expanding its ECKART division.

“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,” 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.”

“TLS’ expertise in the production of metal powders and alloys for metallic 3D printing complements ECKART’s strengths as a specialist in the atomization of metals,” Dr. Wolfgang Schütt, head of ALTANA's ECKART Division. “We are also strengthening ourselves in a targeted manner for functional applications.”

In addition, ALTANA announced the acquisition of the British company Aluminium Materials Technologies Ltd. (AMT). Besides others, the company developed the patented special alloy A20X for 3D printing that enables the manufacturing of significantly lighter components.

Published in Inside the Business

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