
The specialty chemicals group ALTANA has expanded its portfolio in industrial 3D printing with the acquisition of the British company Aluminium Materials Technologies Ltd. (AMT). AMT develops the patented special alloy A20X for 3D printing, setting new standards in strength and weight.
“AMT and its A20X alloy complement TLS’ capabilities, enabling us to offer users even more high-performance materials in the future, including in the aerospace industry, a key market for metallic 3D printing,” said Dr. Wolfgang Schütt, head of ALTANA's ECKART Division.
With the economic challenges posed by Covid-19, the importance of 3D printing will continue to grow.
ALTANA has also acquired the business of TLS Technik GmbH & Co. Spezialpulver KG, an internationally leading manufacturer of metal powders for 3D printing.
ALTANA thus strategically expanded 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,” said 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,” said Dr. Wolfgang Schütt.
ECKART will work with TLS and AMT experts to develop metal powders for 3D printing, thus opening up new areas of application.
Note to readers: AlCircle brings two-day event for aluminium industry players. We look forward to meeting you virtually at “Global Aluminium Expo 2020”on October 6-7, 2020. For registration, visit www.alcircleevents.com
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