Freudenberg Chemical Specialities has acquired Deurowood, strengthening its foothold in the paper and wood materials market.
Information on the Target
Freudenberg Chemical Specialities Munich GmbH has announced its acquisition of Deurowood Holding GmbH, based in Hard, Austria. This deal includes the associated shares of Deurowood Produktions GmbH, also located in Hard. Deurowood is recognized globally as a leading provider of innovative chemical additives for the paper impregnation industry and laminate production. With a focus on safety and quality, Deurowood develops a diverse range of products, including catalysts and functional additives, which play a crucial role in the manufacturing of paper and wood composites. The company operates under multiple certifications, including ISO 9001, ISO 14001, and ISO 45001, reflecting its commitment to excellence in quality, environmental protection, and occupational health and safety.
Founded in 2003, Deurowood has established itself as a vital player in the global paper impregnation sector. With a workforce of approximately 20 employees, the company serves customers in over 40 countries, demonstrating its capability and dedication to providing tailored solutions to meet client needs. In 2020, Deurowood recorded a total turnover of approximately €20 million, showcasing its strong market presence and operational efficiency.
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Industry Overview in Austria
The Austrian chemical additives industry has been experiencing positive growth fueled by advances in production technologies and increasing demand for innovative materials. As in
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Freudenberg Chemical Specialities Munich GmbH
invested in
Deurowood Holding GmbH
in 2021
in a Buyout deal
Disclosed details
Revenue: $22M