Industry News

Elastogran Acquires Polyurethane Systems House in Sweden

Published on 2004-04-07. Author : SpecialChem

Elastogran GmbH, Lemförde, a subsidiary of the BASF Group, acquired the PU activi-ties of the Swedish systems house Lagomat AB situated in Angered near Gothenburg. Lagomat is a well known supplier of Polyurethane systems and PU adhesives for the Nordic market, having over 30 years of PU expertise. Furthermore, the company is centrally located in the region, enabling it to meet the needs of its customers.

Following full integration into the Elastogran Group, the company will change its name to "Lagomat Nordic AB" with Roger Nilsson remaining Managing Director of the newly formed company. By this acquisition, Elastogran's market position in the Nordic and the Baltic nations will be strengthened considerably. This will provide a solid basis for fur-ther developments of both PU systems and PU base products.

The acquisition of Lagomat complements an existing network of regional systems houses of Elastogran in Germany, Italy, Spain, France, Great Britain, Hungary, Russia and Turkey. Elastogran's successful market penetration, based on independent, decentralized sites close to the customers, is now further strengthened. Nordic customers will profit from the introduction of a new PU systems house and the Elastogran Group's overall product know-how and experience.

Source: Elastogran

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