Content - The Berlac Group takes over Cetelon Holding GmbH

The Berlac Group takes over Cetelon Holding GmbH

31.10.2011|

With retroactive effect from 1.1.2011, the Berlac Group, headquartered in Sissach near Basel, Switzerland, has taken over Cetelon Holding GmbH from Steadfast Capital together with its 3 operating subsidiaries Cetelon Lackfabrik GmbH, Weckerle GmbH (both in Stuttgart) and Cetelon Nanotechnik GmbH (in Leipzig).

The Cetelon Group has a workforce of some 170 and sales in the region of EUR 44 million. With this acquisition, total turnover for the Berlac Group rises to over CHF 170 million.

The three operating companies that have been acquired produce top-quality decorative and functional paint systems for the automotive and railway industries and for the design-oriented consumer goods sector. The Cetelon Group has a product portfolio which complements that of the Berlac Group with a wide range of premium-grade water-based coating systems.  

The Berlac Group specialises in the manufacture of paints, lacquers and pastes for coating and colouring plastic and metal surfaces. Its excellent reputation is due first and foremost to its role as an innovative supplier of solutions for complex coating applications. Berlac products are used in automotive manufacture, telecommunications, the ski and snowboard industry and in the eyewear and watch sectors. The lion’s share of Group sales is generated in Asia and Germany. With the acquisition of the Cetelon Group, the Sissach-based company continues its strategy of pursuing growth in premium niche markets.

Contact
Berlac Group                    
Andrea Kirschnick
CFO Berlac Group
Phone +41 61 976 90 10             
ak@anti-clutterberlac.ch

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