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New owner for the SÜDDEKOR Group, German specialists in decorative surface finishings

The SÜDDEKOR Group with its companies SÜDDEKOR GmbH in Laichingen, DAKOR Melamin Imprägnierungen GmbH in Heroldstatt , SÜDDEKOR ART Design + Engraving GmbH in Willich and SÜDDEKOR LLC (USA) and SÜDDEKOR OOO (Moscow) is to be transferred to SURTECO SE (Buttenwiesen-Pfaffenhofen) subject to the usual formalities, conditions and official approvals. On October 23, 2013 a purchase agreement was signed to this effect. Extremely good news for the companies of the SÜDDEKOR Group, which went through two private equity sales in 2004 and 2007, and for its employees. With the purchase of all the shares in the Group by SURTECO SE, SÜDDEKOR now belongs to a strong corporate group.  A constellation that in future will play a leading role in the market for decorative surfaces and offers the Swabian company a stronger future-oriented perspective. “With SURTECO SE, a strong partner has been found as a buyer for the Süddekor Group,” states Dr. Steffen Griffel from the Süddekor management. “We are convinced that this constellation represents a stable, innovative and strategically viable solution for the company and also for the employees." Dr. Christian Rolfs, the present Chairman of the Management Board of the 2D Group, will leave the company by mutual agreement once the purchase process has been completed to accept a new challenge in another company in an unrelated industry. SÜDDEKOR in figures in 2013 Locations: SÜDDEKOR Plant 1, Plant 2, Laichingen, Germany DAKOR, Heroldstatt, Germany SÜDDEKOR Art, Willich, Germany SÜDDEKOR LLC Factory Agawam, Factory East Longmeadow, Factory Biscoe, USA Sales:        around € 250 million Employees:     approx. 780 Capacity: Décor paper:         50,000 tons/p.a. Finish films:        180 Mio. m²/p.a. Impregnates:        340 million m²/p.a. Release papers:    12.3 million m² (produced in 2008) New décors p.a.:    approx. 100 Machines: 12 printing machines 3 lacquering systems 4 engraving machines 12 impregnating channels 2 embossing calenders 5 digital printers 9 laboratory machines 2 R&D centre systems SÜDDEKOR, the company SÜDDEKOR is a leading specialist in the surface finishing of wood composite products and is very much at home in the world of trend-setting, innovative creation together with the printing of high-quality décors and the development of technologically demanding surfacing products. At SÜDDEKOR, special papers are printed with decorative structures for industrial surface finishing using the rotogravure process and then marketed. The resulting products are encountered by consumers every day as a hard-wearing furniture finish or laminate flooring of the highest design standards. Source: Süddekor
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