Bayer MaterialScience acquires remaining shares in Baulé

Effective 31 March 2012, Bayer MaterialScience (BMS) acquired the remaining shares in the 50:50 systems house joint venture Baulé SAS from Eximium SAS and other shareholders.

The joint venture was established in 2008. Baulé SAS, based in Romans, France, is a global leader in the development, formulation and processing of polyurethane cast elastomers. The company has subsidiaries in the USA, UK, France and China. All 139 employees will be retained.

“The complete acquisition of Baulé SAS enables us to expand our potential for cast elastomers and also provides us with even greater access to this attractive market," says Dr. Wilhelm Lamberts, the assigned President of Baulé and current Managing Director of the systems house Bayer MaterialScience Oldenburg GmbH & Co. KG in Oldenburg, Germany. “This also emphasizes Bayer MaterialScience´s strategic orientation on growth markets.”

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