International. SurTec, a specialist in chemical solutions for surface finishing, acquires Aluservice, which specialises in research and development as well as in the distribution of speciality chemicals for the surface treatment of aluminium, zinc, steel and iron alloys.
The range includes products for aluminium anodising, aluminium coating processes, ferrous metal electroplating and coating of other metals.
Aluservice is an important distributor in the architecture market in Italy. SurTec will offer Aluservice's well-established products in the global market through SurTec's sales network and will continue to internationalize the business.
"We realized that we needed financial resources available only to large multinational groups to ensure continuity and further development. We are delighted to be part of the SurTec Group and look forward to the new challenges ahead," said Dr. Raffaele Cadorna, CEO of Aluservice.
"The acquisition of Aluservice is a further step in our strategy for the Italian metal surface treatment market," said Dr. Fulvio Lamberti, Chief Financial Officer of SurTec Group. "We are happy to join forces with a highly reputable player in the market and thus further enhance the value delivered to our respective customers."
"We see great potential to grow the business strongly outside of Italy through Aluservice's excellent knowledge and product portfolio," said Dr. Karsten Grünke, CEO of SurTec Group.
Aluservice has been developing its own formulations for chemicals, processes and technologies for years. All products are designed with the aim of combining the highest quality required by the market with economic efficiency.
As a result, Aluservice fits SurTec's claim to balance business processes with the needs and requirements of society and the environment. Aluservice's global customers will also benefit from SurTec's worldwide distribution network and technical expertise.
