Siegwerk Druckfarben has agreed to acquire Allinova, a Dutch specialty chemicals company, to enhance its packaging coating portfolio and reinforce its commitment to sustainable solutions in the industry.
Target Company Overview
Allinova is a specialized chemicals company based in Hengelo, the Netherlands, focusing on the formulation of water-based dispersions, wax emulsions, and adhesives. Its innovative product offerings position it as a key player in sectors that demand sustainable and performance-driven solutions.
The company has established a reputation for its technical capabilities, which complement various applications in the packaging industry, particularly in providing eco-friendly options that align with environmental standards.
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Industry Overview in the Netherlands
The specialty chemicals sector in the Netherlands is robust and characterized by a strong focus on sustainability and innovation. The country's
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in 2024
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