Wesel, March 2, 2017
BYK completes the acquisition of PolyAd Services
BYK has completed the acquisition of the plastics additives manufacturer PolyAd Services. The acquisition was announced on February 1, 2017. It represents a strategic strengthening of BYK’s plastics additives segment. The acquisition involves two operating companies in the USA and Germany and a development and manufacturing site in the USA. As a developer and manufacturer of additive solutions for the global plastics market, PolyAd Services offers innovative products for a wide variety of sectors such as the automotive, construction, packaging and electronics industries.
“We look forward to welcoming our new colleagues so that, together, we will be able to provide our customers with a personalized, specialized and comprehensive portfolio of plastics additives,” business line manager Thorsten Kröller says.
About BYK Additives & Instruments:
BYK Additives & Instruments is one of the world’s leading suppliers in the field of additives and measuring instruments. Additives are chemical substances which, when used in small quantities, improve product properties such as scratch resistance or surface gloss. Manufacturing processes are also optimized by the addition of additives.
The coatings, inks and plastics industries are among the main consumers of BYK additives. Yet with exploration technology oil/gas, the manufacture of care products, the production of adhesives and sealants, and construction chemistry, too, BYK additives improve the product characteristics and production processes. Testing and measuring instruments from BYK can effectively evaluate the quality of color, gloss and appearance as well as the physical properties of paint, plastic and paper products and are an important part of quality control.
As a globally operating specialty chemicals company, BYK has production sites in Wesel, Kempen, Moosburg , Schkopau, Bensheim and Geretsried (Germany), Deventer, Denekamp and Nijverdal (Netherlands), Widnes (UK), Wallingford, Chester, Gonzales, Louisville and Rochester Hills, St. Louis (USA) as well as in Tongling (China). Today the company employs around 2,000 people worldwide and forms part of the ALTANA Group.