Hornschuch übernimmt OSullivan Films Inc.

Hornschuch and O’Sullivan Films are joining forces to accelerate the realization of growth opportunities

23 mars 2010

Hornschuch-Group is pleased to announce that it has purchased O'Sullivan Films. This strategic acquisition is part of a plan to further expand geographically and also to deliver additional products and services to the market.

“We are excited to be associated with O’Sullivan Films. This is a very good company with a long standing tradition of excellence in North America. The O’Sullivan Films name and management team will remain in place. Together, we will be able to offer better value and solutions to our growing customer base” said Rolf J. Gemmersdoerfer, CEO of Konrad Hornschuch AG.

“Hornschuch is the right partner for O’Sullivan Films. Our business philosophies and approaches to market are similar. Our product portfolios are very compatible. I am confident that our combination will enable the acceleration of our growth agenda“ said Denis Belzile who will remain CEO of O’Sullivan Films.

Hornschuch is a leading producer and marketer of highly technical films, foils and artificial leather for the home decoration, fashion, furniture, automotive and construction related markets through its well known brands d-c-fix and Skai. The head quarter and manufacturing is located in Weissbach, Germany with 800 employees and more than 80 representatives worldwide.

Hornschuch was founded in 1898. The current management team has more than 10 years entrepreneurial experience in several MBO’s and sold in 2008 the majority stake of the company to Barclays Private Equity. Hornschuch has developed a strong track record of growth and product innovations over the last years.

O’Sullivan Films is a recognized leader in the production and commercialization of polymer films and finishing film technologies serving the Building Products, Consumer, Healthcare and Automotive markets. It employs 350 people at its facilities in Winchester, Virginia. O’Sullivan has been in existence for over 100 years. In 2006, it was acquired from PolyOne Corporation by its management team and investors.

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