Alberdingk takes over Synthomer production site
Alberdingk Boley GmbH announced that it has completed the acquisition of the production site at Leuna in Sachsen-Anhalt, Eastern Germany from Synthomer Leuna GmbH. The acquisition agreement was closed on 1 January 2018. Financial details were not disclosed.
‘By taking-over the new site at Leuna, Alberdingk Boley reliably ensures the growth strategy for its polyurethane- and acrylate dispersions’, states Timm Wiegmann, CEO of Alberdingk Boley GmbH.
Alberdingk Boley is an independent and globally operating middle-sized enterprise headquarters in Krefeld, Germany and history of nearly 190 years. Synthomer Leuna GmbH is part of the Synthomer group. In Leuna, Synthomer operates a plant for the production of polymer dispersions for applications in the paint and coatings industry, construction chemicals and the adhesives market.