By: ICN Bureau
Last updated : August 29, 2025 4:13 pm
Covestro is expanding its films business to include highly specialized flat and blown films
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.