- Acquisition completed on August 28, 2025.
- Two production sites in Switzerland and Germany included.
- Purchase price undisclosed, financed through cash.
Acquisition Completion
Covestro has finalized the acquisition of Pontacol, a Swiss manufacturer of multilayer adhesive films, as of August 28, 2025. The agreement was initially announced in June 2025.
Business Expansion
This acquisition allows Covestro to expand its films business by incorporating specialized flat and blown films. These additions align with growth opportunities in sectors like medical technology, mobility, and textiles, where demand for functional films is increasing.
Production Sites
The transaction includes two production sites located in Switzerland and Germany. These facilities will enhance Covestro's global manufacturing network and improve regional availability of adhesive films.
Financial Details
Both parties have agreed not to disclose the purchase price. The acquisition is financed through cash, supporting Covestro's objective of maintaining a solid investment-grade rating.
