TF Chemical has built a solid reputation in the development of high-quality process chemistry used primarily in the sanitary industry for surface treatment. The acquisition will give SurTec access to a broader portfolio of advanced formulations and proprietary technologies. The acquisition fits with the group's growth strategy of expanding its product offering and geographic footprint.
TF Chemical will be fully integrated into the SurTec Group's Italian company within the first quarter of 2024, retroactive to December 31, 2022. "The acquisition of TF Chemical represents an important milestone in SurTec's growth strategy. We are excited about the opportunities this acquisition offers," said Dr. Karsten Grünke, CEO of SurTec.