The Compound Company BV has announced that it has reached an agreement for the sale of 100% of its shares to Industrie Polieco - M.P.B., a group headquartered in Brescia, Italy, active in the production of piping systems and resins for coating and packaging. The closing of the transaction is expected by the end of December 2025, subject to customary approvals and notifications, including the consultation process with the works council of The Compound Company in accordance with the Dutch works council act.
The Compound Company is a manufacturer with production facilities in the Netherlands and Germany. The company specializes in high-performance polymer compounds and chemically functionalized polymers for a range of industrial sectors, including packaging, automotive, medical, solar and construction. Its portfolio includes toll compounding services, in which base polymers are blended with additives according to specific instructions to create customized plastic materials, as well as heat activated adhesive films and POE encapsulant films.
Under the globally recognized Yparex brand, The Compound Company supplies impact modifiers, compatibilizers and coupling agents that are used as additives in compounds, and adhesive resins for tie layers in co-extruded products. These materials are designed to enhance adhesion and compatibility between different polymer layers or phases in multilayer structures and compounded formulations.
Strategic rationale and planned continuation of operations
According to the announcement, Industrie Polieco - M.P.B. expects that the combined knowledge and skills of its compounding branch M.P.B. and The Compound Company will create a strong platform for further global growth. The Compound Company is set to continue its current strategy and growth plan with the support of its new owner. The company will remain headquartered in Enschede, the Netherlands.
The transaction is positioned as a step that will expand the technological and product base of both organizations, particularly in the field of grafted and functionalized polymers. The complementary nature of the product portfolios is intended to result in a broader range of solutions for compounding applications and adhesive resins, including materials used in multilayer packaging and technical applications.
Intended sale of The Compound Company B.V. to Industrie Polieco
Management perspective on the acquisition
Commenting on the intended acquisition, Simon Put, managing director of The Compound Company, emphasized the cultural and strategic alignment between the two businesses. He stated: "We are very excited about having this future new owner. Industrie Polieco - M.P.B. is a family-owned business with a long-term view in everything they do, which perfectly matches the company culture from The Compound Company. We are impressed by the success that Industrie Polieco - M.P.B. has achieved since it was founded in 1977. Our combined technologies and know-how will strengthen our offering and create a broader platform for grafted polymers. Our portfolios are highly complimentary and combine to a more complete product offering. We look forward to collaborating with the bright and knowledgeable people of Industrie Polieco - M.P.B. in helping us to further achieve our strategy and goals for global growth
Advisory support for the transaction
In connection with the sale process, Stifel acted as the exclusive financial advisor to The Compound Company on its sale to Industrie Polieco - M.P.B.
