Repi: Acquisition of Novosystems
On 30 March 2021, Repi, a leading supplier of liquid colour and additive solutions for polyurethanes and thermoplastics, announced that it has acquired Novosystems GmbH, one of the few independent European players in the field of liquid colours and additives for thermoplastic materials. Financial details of the transaction were not disclosed.
According to Repi, with the acquisition of the German-based company, it will strengthen its position in one of the key polyurethanes and plastics markets in the world, as well as improving the group’s geographical footprint in Central and Northern Europe, with the aim of providing better and faster response to the market. Novosystems will also contribute with interesting complementary technology platforms, which can be leveraged by Repi’s global presence, and will accelerate value creation through superior level of expertise in liquid formulation and dispersion technologies.
“Welcoming a private, family-owned company in our group is another exciting milestone for Repi, as both companies shared a common history in liquid colourants for plastics, and we are looking forward to shape our future together based on common values and a long-term vision and strategy. Germany has long been one of the most important markets for Repi, and this investment strengthens our commitment to a country served by Repi for over 40 years”, said Filippo Angiolini, Repi Group CEO.
Repi Group operates since 1973 as a supplier of liquid colours and additives for plastics and thermoset resins that find applications in a variety of industries, including packaging, furniture, building and construction, footwear and automotive. Today, Repi is a Swiss based global supplier, with own facilities in the USA, Italy, the UK, Russia and Thailand.