ELANTAS Takes Over Wire Enamel Business of Hubergroup in India
ELANTAS Beck India Ltd. is involved in the production of insulating materials for electrical and electronics industry. The company is one of the four divisions of ALTANA, which is a global leader of speciality chemicals. ALTANA group is known for offering innovative and reliable solution in various sectors such as paints and plastic processors, printing and packaging, electrical and electronics and other. To strengthen its grip in the Indian market the company is in process of acquiring the wire enamel business of Hubergroup in India. ELANTAS Beck India Ltd. has said to manufacture the acquired products in the production site of Ankleshwar. With this agreement, Dr. Guido Forstbatch who is the president of ELANTAS keens to improvise the quality of solutions offered to the existing and new customers. The company even plans to benefit from this acquisition by intensifying its leadership in the wire enamel sector.