Brüggemann continues to expand its polymer additive business with strategic acquisition in Italy
The acquisition of Auserpolimeri, a leading developer and manufacturer of functionalised polymers, enables Brüggemann to significantly expand its market presence in the field of high-performance polymer additives – close cooperation with the Eigenmann & Veronelli Group
HEILBRONN, Germany / RHO, Italy / PIANO DI COREGLIA, Italy – With the acquisition of the Italian producer Auserpolimeri s.r.l. as of 29 July 2022, Brüggemann underlines the company’s ambitious expansion strategy.
Attractive niche, broad range of applications
“Auserpolimeri’s chemically functionalised polyolefin-based polymers play a key role as impact modifiers, compatibilisers, coupling agents and adhesion promoters in improving the performance levels of engi-neering plastics for a wide range of applications. They ideally comple-ment and complete our existing range of high-performance additives,” says Dr. Klaus Bergmann, Head of Polymer Additives at Brüggemann.
Specialised, global, successful
Both Brüggemann and Auserpolimeri are established manufacturers with proven expertise and long-standing international customer rela-tionships and have grown strongly in recent years. Brüggemann Managing Director Dr. Stefan Lätsch emphasises that the Eigenmann & Veronelli Group has not only developed the Auserpolimeri site near Lucca by investing in its facilities and personnel, but also expanded its extensive customer network to a global level.
Gabriele Bonomi, Chief Executive Officer, Eigenmann & Veronelli Group said: “We are very pleased to have completed this transaction. Brüggemann is a highly qualified industrial partner that will provide Auserpolimeri with the necessary competences to face the next mar-ket challenges and to continue developing its extraordinary growth. The E&V Group will reinvest the proceeds from the sale to pursue its strategic plan.”
Expand portfolio, build on strengths together
Auserpolimeri and Brüggemann are united not least by their focus on highly specialised applications in which agility, product knowledge and consulting strength are indispensable success factors, especially in application technology. Dr Stefan Lätsch comments: “We see the commitment to uncompromising quality assurance and to constant innovation as a significant common denominator. We welcome our new and highly qualified colleagues to our business and are looking forward to further growing our activities together. Customers of both companies will benefit from the close cooperation between sales, R&D, application technology and production – in the future, we will be able to offer customers even more differentiated market and product solutions.“ Overall, Brüggemann is growing to more than 300 employ-ees and sales of 210 million EUR/year.
Long-term strategy – the missing link
Brüggemann shareholder and chairman Ronald Ayles on the ambition of the enlarged group: “Our goal is to further strengthen the polymer additives business in the coming years, both by expanding production capacities at the Heilbronn and Piano di Coreglia sites and by intensifying the development of new products. The broadening of the product range and the development of new applications and markets are an essential part of our strategy”. The focus will remain on speciality chemicals – Brüggemann will continue to supply “the missing link” for key industries in the future.
