Altana AG is the well known German chemical company located at Bad Homburg, in Germany. Altana has been listed on the Frankfurt Stock Exchange since 1977 and is one of the M-DAX companies. The company had the work force of almost 10,800 and its turnover was reported at € 2.7 billion. Altana has also been listed at the New York Stock exchange and enjoys the prestigious rating like NYSE:AAA.

 

Altana Group is supposed to have diversified businesses and the group companies include Altana Pharma AG which was earlier known as Byk Gulden having its headquarters at Konstanz; Altana Chemie AG has its headquarters at Wesel and the pharmaceutical segment of the group recognized as Altana Pharma AG had been sold out to Nycomed. The majority of Altana’s shares i.e. 50.1% are owned by Susanne Klatten who is believed to be one of the children of Herbert Quandt. 

 

Altana AG is dedicated to develop and manufacture hi-tech pioneering products in the specialty chemical sectors. The company having its headquarters at Wesel, Germany is the global contender enjoying 83 percent of its sales attained through the international operations. The company has precisely four different divisions such as: BYK – additives and instruments, ECKART Effect Pigments, ELENTAS electrical insulations and ACTEGA Coatings & Sealants.

 

All these four divisions enjoy reputations in their respective industries markets due to their quality, product solution excellence, innovation and services. The company develops, manufactures and commercializes excellent pioneering products in the specialty chemicals sectors especially for coating manufacturers, paint or plastic processors, the printing and cosmetic industries and electrical industries. The company has 31 plants and 45 services and research laboratories in the world today.