Altana takes over Von Roll Holding

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Elantas GmbH, a subsidiary of the specialty chemicals group Altana, has completed the purchase agreement signed on August 11, 2023, to acquire the majority of shares in Von Roll Holding.

Elantas had entered into a share purchase agreement with the von Finck family, thereby acquiring an 80.9% stake. In addition, Elantas has acquired 4.1% of the shares of Von Roll on the market since the publication of the pre-announcement. In total, Elantas GmbH thus holds 88.7% of the shares in Von Roll.

The election of the Von Roll board members nominated by Elantas GmbH has now also become effective. Ravindra Kumar (Chairman), Antonio Nastasi, Holger Wiebelhaus, and Jan Bir join the board to current member and CEO Dr. Christian Hennerkes. Dr. Kalantzis, Mr. Bruckmeier and Mr. von Finck left the Board of Directors of Von Roll.

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