HomeNews

Proventis Partners advised LAS Holding AG on the sale of Pontacol AG to Covestro Deutschland AG

The transaction is a significant step in implementing Pontacol’s growth strategy. Covestro, a leading manufacturer of high-quality plastics and components, has been identified as the ideal partner for Pontacol with its innovative film solutions.

Pontacol AG, based in Schmitten, Switzerland, with a subsidiary in Buxtehude, Germany, is a leading competence center for thermoplastic adhesive films. With over 50 years of experience, the company specializes in the production of ultra-thin adhesive films for industrial applications. These adhesive films bond parts and coat surfaces. The adhesive films marketed by Pontacol worldwide are used in applications such as automotive, textiles, composites, electronics and ballistic protection. Pontacol employs a total of 100 people.

The merger will expand the product and technology portfolio and strengthen market presence in Europe. Additionally, further potential along the entire value chain is expected to be realized, enhancing customer benefits.

Proventis Partners advised LAS Holding AG as the exclusive M&A advisor throughout the entire process.