Covestro Buys Pontacol To Boost Speciality Film Portfolio
25 Jun 2025
2 Min Read
CW Team
Covestro has signed an agreement to acquire Swiss firm Pontacol, a manufacturer of multilayer adhesive films, as part of its long-term growth strategy in speciality films. The deal, announced on 23 June 2025, strengthens Covestro鈥檚 presence in Europe and adds advanced product capabilities in key sectors including medical technology, mobility, and textiles.
The acquisition marks a key milestone in Covestro鈥檚 鈥淪ustainable Future鈥� corporate strategy, aimed at expanding innovative and sustainable business areas. Pontacol brings two specialised production sites鈥攐ne in Switzerland and one in Germany鈥攅nhancing Covestro鈥檚 manufacturing footprint and enabling greater regional availability of adhesive films.
Christian Baier, CFO of Covestro, said, 鈥淭his is a strategically sound and financially attractive acquisition. It brings synergy in technology, procurement and organisation, while allowing us to expand into new markets and increase our competitiveness.鈥�
Pontacol鈥檚 portfolio of highly specialised flat and blown films complements Covestro鈥檚 existing offering, enabling deeper penetration into fast-growing application areas. With around 100 employees set to join Covestro, the company also gains technical expertise that will contribute to product innovation and development.
Aukje Doornbos, Head of Specialty Films at Covestro, noted that this acquisition aligns with recent global investments in capacity expansion and reinforces the company鈥檚 ability to deliver cutting-edge film solutions to customers worldwide.
While the purchase price remains undisclosed, the transaction will be funded through cash, maintaining Covestro鈥檚 investment-grade credit rating. The deal is expected to close in the third quarter of 2025.
Covestro has signed an agreement to acquire Swiss firm Pontacol, a manufacturer of multilayer adhesive films, as part of its long-term growth strategy in speciality films. The deal, announced on 23 June 2025, strengthens Covestro鈥檚 presence in Europe and adds advanced product capabilities in key sectors including medical technology, mobility, and textiles.The acquisition marks a key milestone in Covestro鈥檚 鈥淪ustainable Future鈥� corporate strategy, aimed at expanding innovative and sustainable business areas. Pontacol brings two specialised production sites鈥攐ne in Switzerland and one in Germany鈥攅nhancing Covestro鈥檚 manufacturing footprint and enabling greater regional availability of adhesive films.Christian Baier, CFO of Covestro, said, 鈥淭his is a strategically sound and financially attractive acquisition. It brings synergy in technology, procurement and organisation, while allowing us to expand into new markets and increase our competitiveness.鈥漃ontacol鈥檚 portfolio of highly specialised flat and blown films complements Covestro鈥檚 existing offering, enabling deeper penetration into fast-growing application areas. With around 100 employees set to join Covestro, the company also gains technical expertise that will contribute to product innovation and development.Aukje Doornbos, Head of Specialty Films at Covestro, noted that this acquisition aligns with recent global investments in capacity expansion and reinforces the company鈥檚 ability to deliver cutting-edge film solutions to customers worldwide.While the purchase price remains undisclosed, the transaction will be funded through cash, maintaining Covestro鈥檚 investment-grade credit rating. The deal is expected to close in the third quarter of 2025.
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