The acquisition of Aluservice allows SurTec to expand its range of specialty surface finishing chemicals.
The company specialised in chemical surface finishing solutions SurTec
has recently acquired the Italy-based Aluservice to offer its products on the global market as well as to internationalise the business. Aluservice is dedicated to research, development and distribution of chemical specialties for the surface treatment of aluminium, zinc, steel and iron alloys. The wide range includes products for aluminum anodising, aluminum coating processes, electroplating of ferrous metals and coating of other metals.
“After 40 years of successful business, we realised that we needed financial resources available only to large multinational groups to ensure continuity and further development. We are glad to become part of the SurTec Group and look forward with enthusiasm to the new challenges ahead of us,” has declared Raffaele Cadorna, Managing Director of Aluservice.
“The acquisition of Aluservice is a further step forward in our strategy for the Italian metal surface treatment market. We are happy to join forces with a player of high reputation in the market and thereby further improving the value delivered to our respective customers,” has added Fulvio Lamberti, CFO of the SurTec Group.
Aluservice has been developing its own formulations for chemical products, processes and technologies for 40 years. All products are designed to combine the highest quality required by the market with the economic efficiency – thus allowing Aluservice to satisfy the needs of SurTec to balance business processes with the demands and requirements of society and environment. Furthermore, the Aluservice global customers will benefit from SurTec's international distribution network and technical expertise.
“We see great potential to grow the business strongly outside Italy through the excellent know-how and product portfolio of Aluservice,” has concluded Karsten Grünke, CEO of the SurTec Group.