365:
73:
175:
277:
32:
641:) issued a public takeover offer of €13 per share for all outstanding shares, an action which drove up the stock price. A company spokesperson stated that the intention was to delist the company from public trading. To achieve this, SKion issued a second takeover offer of €14 per share to the remaining shareholders on 9 November 2009.
598:, Altana lost a major pillar of its business. At that time, 9,000 of the company's 13,500 employees were working for Altana in the pharmaceuticals sector, generating two-thirds of the company's total revenue. And indeed, the balance-sheet revenues fell by around 60 percent in 2006, but gained over six percent in 2007.
618:, shareholder activists asserted that the management board had invested too little in the pharmaceutical business in the preceding years and had failed to develop successor products in time to compensate for the revenue losses to be expected due to the expiry of the pantaprazole patent at the end of the decade.
609:
and reflux treatment drug, the main revenue-generator for the former pharmaceuticals division, expired in 2009/2010. While the Altana
Management Board justified the divestiture of the pharmaceutical business with delays in the approval of new products, increased research and development costs as well
621:
The pharmaceuticals division was sold for €4.6 billion. The entire proceeds from the sale were disbursed to the shareholders, who received a special dividend of €33 per share. Critics expressed discontent that the main shareholder benefited most from the sale of the pharmaceuticals division.
630:. Since the sale of the pharmaceutical business to Nycomed, Altana has been operating exclusively in the specialty chemicals segment. This restructuring was accompanied by a change in the company logo, which was unified across all subsidiaries.
541:(coating additives and instruments), Eckart (metal effect pigments and metallic printing inks), Elantas (insulation materials for the electrical and electronics industries) and Actega (coatings and sealant compounds for the packaging industry).
625:
Until 1 January 2007, the company was organized into the pharmaceuticals division Altana Pharma AG, formerly Byk Gulden
Lomberg Chemische Fabrik, headquartered in Konstanz, and the specialty chemicals division Altana Chemie AG based in
896:
544:
The Altana Group has 48 production facilities and 63 service and research laboratories worldwide. In 2022, the company, with about 7,000 employees, posted revenues of over €3 billion.
652:
index, as the increase in the share held by SKion had pushed the portion of stock held in free float to under ten percent. By June 2010, SKion held 95.04 percent of all shares.
556:. The company grew, and in 1931, it was renamed BYK-Gulden Lomberg. In 1941, majority control of the company was acquired by AFA (Akkumulatoren-Fabrik AG) which was renamed
951:
956:
930:
966:
783:
900:
971:
946:
780:
688:
287:
306:
342:
324:
258:
156:
59:
719:
196:
189:
870:
670:
After SKion acquired the entire Altana stock through a squeeze-out, trading in this stock was suspended effective 27 August 2010.
94:
538:
485:
552:
Altana's roots go back to 1873, when
Heinrich Byk founded the chemicals factory Dr. Heinrich Byk Chemische Fabrik in
302:
239:
137:
211:
109:
185:
83:
645:
564:
218:
116:
568:
90:
45:
20:
976:
961:
656:
660:
530:. It was created in 1977, as a result of spinning off divisions from the Varta Group. The first CEO was
225:
123:
207:
105:
375:
696:
664:
634:
749:
385:
495:
298:
845:
787:
638:
441:
655:
In
Germany, the stock was traded mainly on the Frankfurt and Stuttgart Exchanges and the
727:
874:
583:
531:
403:
940:
606:
587:
232:
130:
602:
560:
in 1962. In 1977, VARTA was split into three companies, one of which was Altana.
578:
voted to approve the sale of the pharmaceuticals division to the Danish company
575:
553:
174:
72:
51:
364:
823:
805:
472:
591:
595:
579:
420:
754:
615:
490:
480:
627:
590:. With the sale of the pharmaceuticals division, headquartered in
557:
527:
414:
649:
454:
270:
168:
66:
25:
659:
platform; internationally, it was admitted to trading on the
611:
511:
871:"boerse.ARD.de : Klatten will Altana ganz schlucken"
925:
846:"Global leader in true specialty chemicals - ALTANA AG"
294:
897:"Skion strebt Squeeze-out bei Chemiekonzern Altana an"
582:. Nycomed is owned by an investment consortium led by
563:
From 1977 to 2010, Altana was publicly traded on the
438:
Dr. Matthias L. Wolfgruber, Chair, Supervisory Board
305:, and by adding encyclopedic content written from a
507:
471:
461:
450:
427:
409:
399:
391:
381:
371:
97:. Unsourced material may be challenged and removed.
648:announced that Altana would be removed from its
526:) is a German chemical company headquartered in
567:. Altana was also admitted to trading on the
8:
357:
60:Learn how and when to remove these messages
363:
356:
952:Companies based in North Rhine-Westphalia
610:as strict regulatory requirements in the
343:Learn how and when to remove this message
325:Learn how and when to remove this message
259:Learn how and when to remove this message
157:Learn how and when to remove this message
776:
774:
772:
679:
957:Chemical companies established in 1977
286:contains content that is written like
195:Please improve this article by adding
633:On 6 November 2008, main shareholder
574:On 19 December 2006, the majority of
7:
95:adding citations to reliable sources
967:1977 establishments in West Germany
537:The group comprises the divisions
14:
873:. 13 January 2010. Archived from
41:This article has multiple issues.
931:Report on the Business Year 2013
444:- sole owner and deputy chairman
275:
173:
71:
30:
720:"Supervisory Board - ALTANA AG"
82:needs additional citations for
49:or discuss these issues on the
972:Companies formerly in the MDAX
781:"Altana Corporate Report 2022"
1:
947:Chemical companies of Germany
794:. Retrieved 31 December 2019.
197:secondary or tertiary sources
689:"Martin Babilas - ALTANA AG"
993:
18:
644:On 30 December 2008, the
362:
786:30 December 2017 at the
667:, now FINRA, in the US.
646:Frankfurt Stock Exchange
565:Frankfurt Stock Exchange
569:New York Stock Exchange
21:Altana (disambiguation)
16:German chemical company
184:relies excessively on
806:"History - ALTANA AG"
661:London Stock Exchange
307:neutral point of view
926:Website of Altana AG
91:improve this article
19:For other uses, see
637:(Germany, owned by
571:from 2002 to 2007.
500:Savage Laboratories
463:Number of employees
435:Martin Babilas, CEO
359:
299:promotional content
877:on 13 January 2010
376:Aktiengesellschaft
301:and inappropriate
903:on 15 August 2011
699:on 1 October 2018
517:
516:
353:
352:
345:
335:
334:
327:
269:
268:
261:
243:
167:
166:
159:
141:
64:
984:
913:
912:
910:
908:
899:. Archived from
893:
887:
886:
884:
882:
867:
861:
860:
858:
856:
842:
836:
835:
833:
831:
820:
814:
813:
801:
795:
778:
767:
766:
764:
762:
746:
740:
739:
737:
735:
726:. Archived from
715:
709:
708:
706:
704:
695:. Archived from
684:
457:3 billion (2022)
367:
360:
348:
341:
330:
323:
319:
316:
310:
288:an advertisement
279:
278:
271:
264:
257:
253:
250:
244:
242:
201:
177:
169:
162:
155:
151:
148:
142:
140:
99:
75:
67:
56:
34:
33:
26:
992:
991:
987:
986:
985:
983:
982:
981:
937:
936:
922:
917:
916:
906:
904:
895:
894:
890:
880:
878:
869:
868:
864:
854:
852:
844:
843:
839:
829:
827:
822:
821:
817:
803:
802:
798:
788:Wayback Machine
779:
770:
760:
758:
748:
747:
743:
733:
731:
730:on 8 March 2019
717:
716:
712:
702:
700:
686:
685:
681:
676:
639:Susanne Klatten
601:The patent for
550:
503:
464:
442:Susanne Klatten
430:
423:
417:
349:
338:
337:
336:
331:
320:
314:
311:
292:
280:
276:
265:
254:
248:
245:
202:
200:
194:
190:primary sources
178:
163:
152:
146:
143:
100:
98:
88:
76:
35:
31:
24:
17:
12:
11:
5:
990:
988:
980:
979:
974:
969:
964:
959:
954:
949:
939:
938:
935:
934:
928:
921:
920:External links
918:
915:
914:
888:
862:
850:www.altana.com
837:
815:
810:www.altana.com
796:
768:
741:
724:www.altana.com
710:
693:www.altana.com
678:
677:
675:
672:
584:Nordic Capital
549:
546:
532:Herbert Quandt
515:
514:
512:www.altana.com
509:
505:
504:
502:
501:
498:
493:
488:
483:
477:
475:
469:
468:
465:
462:
459:
458:
452:
448:
447:
446:
445:
439:
436:
431:
428:
425:
424:
419:
413:
411:
407:
406:
404:Herbert Quandt
401:
397:
396:
393:
389:
388:
383:
379:
378:
373:
369:
368:
351:
350:
333:
332:
315:September 2019
303:external links
283:
281:
274:
267:
266:
181:
179:
172:
165:
164:
79:
77:
70:
65:
39:
38:
36:
29:
15:
13:
10:
9:
6:
4:
3:
2:
989:
978:
977:Quandt family
975:
973:
970:
968:
965:
963:
962:German brands
960:
958:
955:
953:
950:
948:
945:
944:
942:
932:
929:
927:
924:
923:
919:
902:
898:
892:
889:
876:
872:
866:
863:
851:
847:
841:
838:
825:
819:
816:
811:
807:
800:
797:
793:
789:
785:
782:
777:
775:
773:
769:
757:
756:
751:
745:
742:
729:
725:
721:
714:
711:
698:
694:
690:
683:
680:
673:
671:
668:
666:
662:
658:
653:
651:
647:
642:
640:
636:
631:
629:
623:
619:
617:
613:
608:
607:stomach ulcer
604:
599:
597:
593:
589:
588:Credit Suisse
585:
581:
577:
572:
570:
566:
561:
559:
555:
547:
545:
542:
540:
535:
533:
529:
525:
521:
513:
510:
506:
499:
497:
494:
492:
489:
487:
484:
482:
479:
478:
476:
474:
470:
466:
460:
456:
453:
449:
443:
440:
437:
434:
433:
432:
426:
422:
416:
412:
408:
405:
402:
398:
394:
390:
387:
384:
380:
377:
374:
370:
366:
361:
355:
347:
344:
329:
326:
318:
308:
304:
300:
296:
290:
289:
284:This article
282:
273:
272:
263:
260:
252:
241:
238:
234:
231:
227:
224:
220:
217:
213:
210: –
209:
205:
204:Find sources:
198:
192:
191:
187:
182:This article
180:
176:
171:
170:
161:
158:
150:
139:
136:
132:
129:
125:
122:
118:
115:
111:
108: –
107:
103:
102:Find sources:
96:
92:
86:
85:
80:This article
78:
74:
69:
68:
63:
61:
54:
53:
48:
47:
42:
37:
28:
27:
22:
905:. Retrieved
901:the original
891:
879:. Retrieved
875:the original
865:
853:. Retrieved
849:
840:
828:. Retrieved
818:
809:
804:AG, ALTANA.
799:
791:
759:. Retrieved
753:
744:
732:. Retrieved
728:the original
723:
718:AG, ALTANA.
713:
701:. Retrieved
697:the original
692:
687:AG, ALTANA.
682:
669:
654:
643:
632:
624:
620:
603:pantoprazole
600:
576:shareholders
573:
562:
551:
543:
536:
523:
519:
518:
473:Subsidiaries
467:7,000 (2022)
410:Headquarters
372:Company type
354:
339:
321:
312:
297:by removing
293:Please help
285:
255:
246:
236:
229:
222:
215:
203:
183:
153:
144:
134:
127:
120:
113:
101:
89:Please help
84:verification
81:
57:
50:
44:
43:Please help
40:
933:, Altana AG
907:27 February
881:27 February
855:27 February
826:. Altana AG
554:Oranienburg
522:(styled as
249:August 2019
147:August 2011
941:Categories
792:altana.com
761:8 November
674:References
665:NASD Group
635:SKion GmbH
429:Key people
295:improve it
219:newspapers
186:references
117:newspapers
46:improve it
824:"History"
703:6 January
520:Altana AG
386:Chemicals
358:ALTANA AG
52:talk page
830:15 March
784:Archived
750:"Forbes"
734:27 March
663:and the
592:Konstanz
382:Industry
208:"Altana"
106:"Altana"
596:Germany
580:Nycomed
548:History
508:Website
496:Elantas
451:Revenue
421:Germany
400:Founder
392:Founded
233:scholar
131:scholar
755:Forbes
616:Europe
524:ALTANA
491:Eckart
481:Actega
235:
228:
221:
214:
206:
133:
126:
119:
112:
104:
657:Xetra
628:Wesel
558:VARTA
528:Wesel
415:Wesel
240:JSTOR
226:books
138:JSTOR
124:books
909:2023
883:2023
857:2023
832:2017
763:2019
736:2014
705:2016
650:MDAX
614:and
605:, a
586:and
395:1977
212:news
110:news
539:BYK
486:BYK
188:to
93:by
943::
848:.
808:.
790:,
771:^
752:.
722:.
691:.
612:US
594:,
534:.
418:,
199:.
55:.
911:.
885:.
859:.
834:.
812:.
765:.
738:.
707:.
455:€
346:)
340:(
328:)
322:(
317:)
313:(
309:.
291:.
262:)
256:(
251:)
247:(
237:·
230:·
223:·
216:·
193:.
160:)
154:(
149:)
145:(
135:·
128:·
121:·
114:·
87:.
62:)
58:(
23:.
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
