Industrie Polieco has struck a major deal to accelerate its international expansion, announcing an agreement to acquire 100% of The Compound Company, a Dutch specialist in technical compounds and grafted polymers.
The Italian group—85% controlled by the Tonelli family through TP Holding and 15% by RedFish LongTerm Capital via RFLTC – Polieco S.p.A.—is gearing up for a major leap in scale and technology.
The acquisition brings more than 100 employees into the group and a business expected to generate around €60 million in revenue in 2025. It marks a decisive milestone in Industrie Polieco’s strategy to reach €300 million in consolidated revenues and strengthen its footprint across Europe.
"The entry of The Compound Company into the Polieco group is deeply strategic for us," said Cavaliere Luigi Tonelli, Chairman of Industrie Polieco.
"The Compound Company has developed an extraordinary product such as Yparex, that represents an excellence in the field of technical compounds, and has a highly qualified team with an operational structure in the Netherlands and Germany that will allow us to accelerate our transformation into a truly multinational company. The experience and expertise of the Dutch and German management team are really important to tackling international markets with ambition and solidity."
The Compound Company manufactures high-performance polymer compounds and additives for sectors ranging from packaging and automotive to medical, solar and construction. Its flagship brands include Yparex, an extrudable adhesive resin recognized globally for its versatility, and EcoForte, a line of advanced thermoplastic compounds.
The company also operates in toll compounding—custom production of tailored polymer solutions—and has built its reputation on innovation, flexibility and sustainability, with facilities in both the Netherlands and Germany.
For Industrie Polieco, the deal adds a powerful portfolio of specialty materials and strengthens its technological edge.
The integration is expected to generate significant industrial and commercial synergies, enhancing production capacity across the Netherlands and Germany while optimizing R&D, procurement, sales and logistics. The expanded operational presence in Northern Europe also marks a crucial step in Polieco’s transformation into a multinational group and lays the groundwork for future expansion.
The transaction remains subject to completion of the consultation process with The Compound Company’s works council under Dutch law.
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