Covestro acquires Swiss firm Pontacol to expand specialty films portfolio, boosting innovation, production capacity, and sustainable growth globally.
On June 23, 2025, Covestro announced the signing of an agreement to acquire Pontacol, a Swiss-based manufacturer of multilayer adhesive films. This strategic move marks a significant step in Covestro's ongoing expansion of its specialty films segment and aligns with its long-term corporate strategy, “Sustainable Future.” The acquisition reflects Covestro’s focus on sustainable growth and innovation-driven business development.
Christian Baier, Covestro’s Chief Financial Officer, highlighted the strategic and financial advantages of the acquisition. “With Pontacol, we are acquiring a profitable company with strong growth prospects and relevant synergy opportunities. This enhances our ability to expand multilayer adhesive film production in Europe, integrate innovative capabilities, and unlock new market opportunities,” Baier stated. He emphasized that the combined strengths of both companies would enable Covestro to offer more advanced solutions to customers, improve competitiveness, and support sustainable growth.
The acquisition significantly enhances Covestro’s film business by integrating Pontacol’s expertise in flat and blown film technologies, expanding the company’s product portfolio and market reach. The demand for specialty films is steadily increasing worldwide, particularly in sectors such as medical technology, mobility, and textiles — areas where Pontacol’s products hold strong potential. With this acquisition, Covestro is well-positioned to tap into these future-focused industries.
As part of the transaction, Covestro will gain access to two production sites — one in Switzerland and another in Germany — each specializing in unique film technologies. This expansion strengthens Covestro’s global manufacturing network and ensures improved regional supply for adhesive films. Moreover, the addition of Pontacol’s operations brings complementary technologies, expands the customer base, and offers significant opportunities for synergies in procurement and central operations.
Aukje Doornbos, Head of Covestro’s Specialty Films Business Entity, described the acquisition as a key milestone in the company’s growth trajectory. “In recent years, we’ve invested heavily in expanding our global production capacities. By acquiring Pontacol, we not only broaden our global customer offerings but also enhance our innovation potential,” Doornbos explained. She also expressed enthusiasm about welcoming approximately 100 skilled Pontacol employees, whose knowledge and expertise will contribute to Covestro’s future success.
The financial details of the deal remain undisclosed, but it will be funded through existing cash reserves, reflecting Covestro’s commitment to maintaining its solid investment-grade credit rating. The acquisition is expected to be finalized in the third quarter of 2025.
Covestro is a prominent producer of advanced plastics and chemical solutions, with core expertise in polyurethanes, polycarbonates, and raw materials for coatings, adhesives, and specialties. Its high-performance materials serve diverse industries such as automotive, construction, electronics, and healthcare, supporting a broad range of innovative applications worldwide.
