In 2000, Advent International acquired two specialist PVC businesses, Vinnolit and its sister subsidiary Vintron, from chemical multinationals Celanese and Wacker Chemie.
Vinnolit is Germany’s leading PVC producer for the building, automobile and medical industries; one of the most important manufacturers in Europe and the tenth largest worldwide. Vintron was a complementary business supplying raw materials used by Vinnolit.
Following a significant investment in Vintron’s production facilities, delivering a state-of-the art manufacturing plant and considerably increased capacity, the two businesses were merged in 2003 allowing for substantial cost savings.
In 2007, the acquisition of the Paste PVC business from INEOS ChlorVinyls, one of the industry’s leading polyvinyl chloride manufacturers, represented a significant strategic move for the business. It reinforced the company’s position in Western Europe which generates 40% of global trade of Paste PVC worldwide. In addition, the company’s total PVC production capacity further increased from 680,000 to 780,000 tonnes per year. It also strengthened the group’s competitiveness across international markets and broadened its manufacturing footprint in UK, Germany and Italy.