ELANTAS, a division of thespecialty chemicals group ALTANA, is acquiring the wire enamels activities ofHubergroup India and thus growing its business in India. The products taken overwill be manufactured at the Ankleshwar production site of ELANTAS Beck IndiaLtd. In 2018, the wire enamels business of Hubergroup India achieved sales in aone-digit million euro range.
“Hubergroup India’s wire enamels optimally supplement our technologicallyadvanced product portfolio,” explains Dr. Guido Forstbach, President of ELANTAS.“With them, we will be able to offer existing and new customers even moreindividualized solutions and strengthen our technology leadership in the wireenamels sector.”
ELANTAS products are insulating materials for the electrical and electronicsindustry. They are found in electric motors, cars, TV sets, wind turbines, andcomputers. Innovations in the wire enamels segment enable product developers tobuild ever smaller and more efficient electric units such as motors and generatorsand thus save material and energy. ELANTAS products are also more and moreused to protect electronic components in e-cars and charging stations and, thus,are a decisive success factor for the expansion of electro-mobility.
|
