Covestro has signed an agreement to acquire Swiss firm Pontacol, a manufacturer of multilayer adhesive films, as part of its long-term growth strategy in speciality films. The deal, announced on 23 June 2025, strengthens Covestro’s presence in Europe and adds advanced product capabilities in key sectors including medical technology, mobility, and textiles.

The acquisition marks a key milestone in Covestro’s “Sustainable Future” corporate strategy, aimed at expanding innovative and sustainable business areas. Pontacol brings two specialised production sites—one in Switzerland and one in Germany—enhancing Covestro’s manufacturing footprint and enabling greater regional availability of adhesive films.

Christian Baier, CFO of Covestro, said, “This is a strategically sound and financially attractive acquisition. It brings synergy in technology, procurement and organisation, while allowing us to expand into new markets and increase our competitiveness.”

Pontacol’s portfolio of highly specialised flat and blown films complements Covestro’s existing offering, enabling deeper penetration into fast-growing application areas. With around 100 employees set to join Covestro, the company also gains technical expertise that will contribute to product innovation and development.

Aukje Doornbos, Head of Specialty Films at Covestro, noted that this acquisition aligns with recent global investments in capacity expansion and reinforces the company’s ability to deliver cutting-edge film solutions to customers worldwide.

While the purchase price remains undisclosed, the transaction will be funded through cash, maintaining Covestro’s investment-grade credit rating. The deal is expected to close in the third quarter of 2025.