Dow Polyurethanes to acquire Denmark's Edulan A/S
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Aidan [2011-05-20]
Midland, MI - Dow Chemical has announced that it will acquire Danish company Edulan A/S, an independent polyurethane systems house specializing in rigid foam and elastomer technologies. The deal, which is subject to regulatory approval, will expand Dow Polyurethane Systems, a business unit within Dow Polyurethanes, and strengthen its presence in Northern Europe. In addition to Edulan s business and production facility in Denmark, Dow will also acquire rights to all of its rigorously formulated and field-tested systems, which can be further developed into tailored solutions. This acquisition continues our strategy of patient, disciplined investment to grow our Performance businesses in a way that will bring significant value to our customers and create long-term opportunities for Dow, said Juan Antonio Merino, general manager, Dow Polyurethane Systems. Edulan not only offers us an excellent position in northern Europe, it also expands our portfolio of PU systems technology, helping us to provide our customers with solutions that are tailor-made to their very specific need.