SurTec acquires chemical business from Italtecno in Italy
Chemical business of the Italian specialist for aluminium alloys, now part of the SurTec Group
Bensheim, 04.03.2021. SurTec, specialist for surface treatment, acquired the chemical business of Italtecno in Italy, a company based in Modena. Italtecno specialises in the Research and Development, as well as the distribution of chemical specialities for surface treatment for aluminium alloys and steel. The product range includes chemical products for the architectural, automotive and aerospace industries as well as for decorative, mechanical and other industrial components.
SurTec and Italtecno have been working together in the field of Metal Pre-treatment in Italy for many years. SurTec will distribute Italtecno’s products for the aluminium industry, which are very well established in the market, worldwide and further expand the business.
“We are pleased that Italtecno’s chemical business is getting a long-term future at SurTec,” explains Dr. Walter Dalla Barba, Managing Director Italtecno. “In view of a growth-oriented strategy, the owners have decided to manage the succession of Italtecno’s chemical business through the acquisition by a long-term strategic partner.”
“Italtecno has already been our partner for Metal Pre-treatment in Italy for many years and is familiar with our company philosophy, which aims to harmonise entrepreneurial processes with the needs and requirements of society and the environment,” adds Dr. Karsten Grünke, CEO of SurTec. “By acquiring Italtecno’s chemical business, we can strengthen our position in the important Italian market even more, as we will be able to offer our entire product portfolio, including electroplating products, directly there in the future.”
Italtecno’s global customers will additionally benefit from SurTec’s worldwide distribution network and technical expertise.