Covestro announced that the company has signed an agreement to acquire Pontacol, a Swiss manufacturer of multilayer adhesive films. With the acquisition, Covestro expands its specialty films portfolio and advances the implementation of its "Sustainable Future" corporate strategy. The transaction is expected to close in the third quarter of 2025. 

Christian Baier, chief Financial Officer of Covestro, explained, "The acquisition of Pontacol is strategically sound and financially attractive. We are gaining a profitable company with significant growth potential and relevant synergy effects. This allows us to strategically expand our production capacities for multilayer adhesive films in Europe, combine our innovative strength, and develop new markets. As a result, we can offer our customers even more powerful solutions, increase our competitiveness, and grow sustainably." 

Strategic Expansion and Synergies 

Covestro explained that the acquisition complements the company’s film business with highly specialized flat and blown films, a portfolio that enables further growth in attractive application areas. The film segment is growing continuously worldwide, primarily driven by increasing demand in key future markets such as medical technology, mobility, and the textile industry. 

Additionally, Covestro is acquiring two specialized production sites in Switzerland and Germany, focusing on different film technologies. This not only strengthens the company's global manufacturing network but also improves the regional availability of adhesive films. The acquisition also opens up additional value creation potential through complementary technologies, an expanded customer and product portfolio, as well as synergies in central functions and procurement. 

"This acquisition is an important milestone in our Specialty Films growth strategy," said Aukje Doornbos, head of the Specialty Films entity at Covestro. "In recent years, we have already made large investments in expanding our global capacities. With Pontacol, we can strengthen our product development and expand our global offering for our customers. We are particularly looking forward to the approximately 100 experienced employees who will make a valuable contribution to our further growth with their expertise." 

Learn more about Covestro at www.covestro.com. Additional information about Pontacol can be found at www.pontacol.com.