Covestro completes acquisition of Swiss adhesive film specialist Pontacol to expand Solutions & Specialties segment

Covestro completes acquisition of Swiss adhesive film specialist Pontacol to expand Solutions & Specialties segment

(IN BRIEF) Covestro has completed its acquisition of Pontacol, a Swiss producer of multilayer adhesive films, effective August 28, 2025. The deal expands Covestro’s Solutions & Specialties segment by adding advanced flat and blown adhesive films, strengthening its presence in growth markets such as medical technology, mobility, and textiles. Two production sites in Switzerland and Germany are included in the acquisition, enhancing Covestro’s global manufacturing footprint. Pontacol’s expertise, technologies, and customer base complement Covestro’s portfolio and create additional value potential.

(PRESS RELEASE) LEVERKUSEN, 29-Aug-2025 — /EuropaWire/ — Covestro has strengthened its Solutions & Specialties segment with the completed acquisition of Pontacol, a Swiss-based manufacturer of multilayer adhesive films. The transaction, announced in June 2025, officially closed on August 28, 2025.

With this move, Covestro is strategically broadening its films business by adding highly specialized flat and blown adhesive films. These products expand the company’s portfolio and create new growth opportunities in sectors where functional films are increasingly in demand, particularly medical technology, mobility, and textiles.

The acquisition includes two specialized production sites, located in Switzerland and Germany, which will now become part of Covestro’s global manufacturing network. This expansion not only increases regional availability of adhesive films but also brings additional technological expertise, new customer relationships, and a stronger value proposition for Covestro’s existing portfolio.

Both parties have agreed not to disclose the purchase price. The acquisition was financed through cash, reflecting Covestro’s commitment to maintaining a solid investment-grade rating.

Pontacol, headquartered in Schmitten, Switzerland, with a subsidiary in Buxtehude, Germany, has over 50 years of expertise in thermoplastic adhesive films. Its ultra-thin films are used worldwide in applications ranging from automotive, textiles, and composites to electronics and ballistic protection. The company employs around 100 people and is recognized as a leading competence center in the field.

With this acquisition, Covestro is reinforcing its position as one of the world’s leading suppliers of high-quality polymer materials, while furthering its long-term strategy focused on innovation, sustainability, and the circular economy.

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.

Media Contact:

Svenja Paul
Global Media Relations
svenja.paul@covestro.com
+49 173 3056862

SOURCE: COVESTRO