H&R WASAG Aktiengesellschaft

H&R WASAG Aktiengesellschaft

H&R WASAG has exploded in growth by acquiring explosive companies, the specialty chemicals company remains most profitable in manufacturing chemical and pharmaceutical raw materials and plastics. H&R WASAG is involved in such operations as precision-molded parts (Gaudlitz), industrial explosives (WASAG-Chemie), gunpowder (WANO), and blasting machines (ZEB). With its 2005 acquisition of Westspreng, the group became the No. 1 explosives maker in Germany. Formerly Wasag-Chemie, the company added H&R to its name for major shareholder Hansen & Rosenthal and dropped "chemie."

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