Bozzetto Group, the global specialty chemicals company withBozzetto Group announces the 100% acquisition of the Fibre division from Levaco Chemicals GmbH
Acquisition of Levaco fibre division
Bozzetto Group, the global specialty chemicals company with M€ +200 revenues and a global industrial footprint, is glad to announce the 100% acquisition of the Fibre division from Levaco Chemicals GmbH, a privately owned company based in Leverkusen and part of Diersch & Schröder GmbH.
This acquisition, effective from November 3rd, 2022, is in line with the long-term strategy of the Group, which has strengthened its Man-Made Fibers leadership position over the past years and has the ambition to become one of the global benchmarks in specialty chemicals, bringing increased service level and innovation.
Bozzetto Group confirms the success of its long-term vision, having foreseen an extraordinary time for the fiber chemical sector. Man-made fibres, especially recycled MMF, are undoubtedly the protagonists of the market.
Know-how and an R&D-oriented approach are the keys to this business success, and the Italian Group has proven to have both.
The italian HQ of Bozzetto Group is equipped with cutting-edge technologies and pilot plants, developing sustainable solutions for synthetic fibres and viscose/lyocell on a daily basis.
Thanks to the newly acquired expertise, this mission will be even more successful in the coming months.