Covestro successfully completes aquisition of Pontacol

29 August 2025

Covestro has successfully completed the acquisition of Pontacol, a Swiss manufacturer of multilayer adhesive films, effective August 28, 2025. The company had already announced the agreement in June 2025.

With this acquisition, Covestro is expanding its films business to include highly specialized flat and blown films. These products strategically complement the existing portfolio and open up new growth opportunities – particularly in key future markets such as medical technology, mobility, and the textile industry, where global demand for functional films continues to rise.

As part of the transaction, two specialized production sites in Switzerland and Germany will transfer to Covestro. These facilities strengthen both the company’s global manufacturing network and the regional availability of adhesive films. In addition, complementary technologies, new customer relationships, and an expanded product portfolio create further value-creation potential.

Both parties have agreed not to disclose the purchase price. The financing will be through cash and is thus aligned with Covestro’s goal of maintaining a solid investment-grade rating. 

About Pontacol: 

Pontacol, based in Schmitten, Switzerland, with a subsidiary in Buxtehude, Germany, is a leading competence center for thermoplastic adhesive films. With over 50 years of experience, the company specializes in the production of ultra-thin adhesive films for industrial applications. These adhesive films bond parts and coat surfaces. The adhesive films marketed by Pontacol worldwide are used in applications such as automotive, textiles, composites, electronics and ballistic protection. Pontacol employs a total of 100 people. 

http://www.pontacol.com 

About Covestro: 

Covestro is one of the world’s leading manufacturers of high-quality polymer materials and their components. With its innovative products, processes and methods, the company helps enhance sustainability and the quality of life in many areas. Covestro supplies customers around the world in key industries such as mobility, building and living, as well as the electrical and electronics sector. In addition, polymers from Covestro are also used in sectors such as sports and leisure, telecommunications and health, as well as in the chemical industry itself.

The company is geared completely to the circular economy. In addition, Covestro aims to achieve climate neutrality for its Scope 1 and Scope 2 emissions by 2035, and the Group’s Scope 3 emissions are also set to be climate neutral by 2050. Covestro generated sales of EUR 14.2 billion in fiscal year 2024. At the end of 2024, the company had 46 production sites worldwide and employed approximately 17,500 people (calculated as full-time equivalents).

Forward-Looking Statements 

This news release may contain forward-looking statements based on current assumptions and forecasts made by Covestro AG. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Covestro’s public reports which are available at www.covestro.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments. 

 

Source: covestro.com