Covestro has signed an agreement to acquire Pontacol, a Swiss specialist in multilayer adhesive films, marking a significant step in the company’s strategy to expand its high-performance materials business. This acquisition aligns with Covestro’s “Sustainable Future” strategy and reinforces its commitment to growth in sustainable and innovation-driven sectors.
Accelerating Growth in Specialty Films
With the acquisition, Covestro enhances its specialty films portfolio by integrating Pontacol’s advanced flat and blown film technologies. These specialized films open up growth opportunities in high-potential markets such as medical technology, mobility, and textiles, where demand for high-performance adhesive films continues to rise globally.
“The acquisition of Pontacol is strategically sound and financially attractive,” said Christian Baier, Chief Financial Officer of Covestro. “It brings us a profitable company with strong growth potential and meaningful synergies. This enables us to scale up our production capacity in Europe, leverage innovation, and expand into new markets—ultimately offering more advanced solutions to our customers while strengthening our competitiveness,” Baier added.
Unlocking Synergies and Innovation
Through this move, Covestro acquires two specialized production sites in Switzerland and Germany, each focused on distinct film technologies. This not only expands the company’s global manufacturing footprint but also enhances regional availability and supply chain resilience.
The acquisition creates synergy opportunities across:
*Complementary technologies and expertise
*Broader customer and product base
*Optimized procurement and shared central functions
These combined strengths will accelerate product development and improve Covestro’s ability to meet evolving customer needs across global markets.
A Strategic Milestone in Specialty Films
Aukje Doornbos, Head of the Specialty Films business, Covestro, emphasized, “This acquisition is a major milestone in our growth strategy. We’ve already invested heavily in global capacity expansion, and Pontacol adds critical innovation capabilities and production strength. We’re particularly excited to welcome around 100 skilled employees whose expertise will be vital to our future growth.”
Transaction Details and Outlook
Both companies have agreed to keep the purchase price confidential. The transaction will be financed through existing cash reserves, ensuring Covestro maintains a solid investment-grade rating. Completion is expected in the third quarter of 2025, pending customary closing conditions. As per the press release, with this acquisition, Covestro not only strengthens its leadership in specialty films but also furthers its ambition to deliver sustainable, high-performance solutions to future-ready industries.
