Industrie Polieco acquires 100% of the compound company

The manufacturer of piping systems and resins for coating and packaging, Industrie Polieco MPB, owned 85% by the Tonelli family and 15% by RFLTC-Polieco, has reached an agreement to acquire 100% of the share capital of The Compound Company, a Dutch manufacturer of technical compounds and grafted polymers. The transaction will enable Industrie Polieco to integrate a highly specialised and high-performing entity into its scope, with over 100 employees and 2025 estimates forecasting turnover of approximately €60 million. The acquisition represents a decisive step in the company's growth strategy: through The Compound Company, the group will extend its international presence and strengthen its technological offering in the compounding products market, moving closer to the target of 300 euros million in consolidated revenue.

"The entry of The Compound Company into the Polieco group is profoundly strategic for us," commented Luigi Tonelli, Chairman of Industrie Polieco. "The Compound Company has developed an extraordinary product like Yparex, which represents excellence in the field of technical compounds, and possesses a highly qualified team with an operational structure in the Netherlands and Germany that will enable us to accelerate our transformation into a genuine multinational company. The experience and expertise of the Dutch and German management are fundamental to approaching international markets with ambition and strength".

The Compound Company is a Dutch manufacturer specialising in high-performancepolymer compounds and additives for numerous industrial sectors, notably packaging, automotive, medical, photovoltaic and construction. The company is renowned for developing bespoke solutions, reflected in its flagship brands, including Yparex (extrudable adhesive resins) and EcoForte (high-performance thermoplastic compounds). The Compound Company's offering includes toll compounding services, whereby the company blends base polymers with additives according to specific requirements to create customised plastic materials. All-round innovation, including through collaboration with other cutting-edge entities, flexibility and sustainability are central to the company's vision, which operates production facilities in the Netherlands and Germany.

The Compound Company will integrate a portfolio of high-performance compounds into the Industrie Polieco group, including the Yparex brand, internationally recognised for its versatility and technical quality. The integration of these solutions will represent a significant strengthening of the group's expertise in materials innovation, expanding the offering aimed at the most demanding sectors. The transaction will also enable the development of industrial, operational and commercial synergies: the production capabilities in the Netherlands and Germany will complement and enhance Industrie Polieco's existing network, improving overall efficiency and optimising scale, research and development, procurement, sales and logistics. Furthermore, the presence of a corporate and operational structure in the Netherlands and Germany will represent a further step in the company's multinationalisation strategy and will create a solid platform for future expansion. The contribution of The Compound Company's expected results will substantially support Industrie Polieco's growth trajectory, supporting the achievement of the objective to exceed 300 million euros in consolidated revenue and further strengthening the group's position amongst the leading European players in the advanced plastic materials sector.