09252020Fri
Last updateThu, 24 Sep 2020 6am
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Follmann acquires Chemical Alliance

With effect from 1.1.2020, Follmann has taken over the Russian adhesive manufacturer Chemical Alliance with headquarters in Moscow and around 20 employees. After the purchase of the British adhesive manufacturer Sealock (PSA hot melts, hot melts and dispersions) and the takeover of the majority shares of the Russian adhesive manufacturer ZAO Intermelt (hot melt adhesives for the packaging sector) in 2018, Follmann is expanding its adhesive production in the Russian Federation with polyurethane hot melt products with this acquisition. The company is thus expanding its international sales activities in various market segments, such as textile lamination, sandwich and panel production, the manufacture of filters, abrasives and mattresses, and in the automotive industry.


"The acquisition of Chemical Alliance is a further consistent step within the framework of our growth strategy in the adhesives business field, with which we further strengthen our position in the market and our international presence," says Dr. Jörn Küster, Managing Director of Follmann GmbH & Co. KG. "We are pleased that with the expansion of our business activities and the opportunities this brings, we will be able to meet the wishes and requirements of our customers and partners even better".
www.follmann.com

 

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