Polish industrial glue distributor acquired by German glue manufacturer
Polish industrial glue specialist Termolan has been sold to Germany’s Bühnen Group in a deal advised by BCMS.
The deal includes all of Termolan’s business activities in Poland, Czech Republic and Slovakia, and follows an earlier Buhnen acquisition of Aerden Group in Austria, Czech Republic, Slovakia, Hungary and Slovenia in mid-2015.
Slawomir Lange and Bodgan Lukaszuk, both of whom founded Termolan in 2002 are delighted to have found an ideal candidate in Buhnen. Both companies are family-run and share the same values and corporate culture. Having sold their shares, the former owners are in a position to give their full attention to their core business Lange Lukaszuk Company.
Following the acquisition, Buhnen will be able to strengthen its market presence in Poland, Czech Republic and Slovakia by offering all customers in these markets a more extensive product range, with additional services such as technical consultancy from its in-house laboratory.