Core Viewpoint - Covestro has reached an acquisition agreement with Swiss multilayer film manufacturer Pontacol, which will enhance its specialized cast and blown film business, enriching its existing film product matrix and achieving synergy with its current film operations. The transaction is expected to be completed by the third quarter of 2025 [2][3]. Group 1 - The acquisition includes two specialized production bases located in Switzerland and Germany, each focusing on different film technologies. This will further strengthen Covestro's capabilities in the global production of polycarbonate (PC) and thermoplastic polyurethane (TPU) specialty films, enhancing its supply capacity in regional markets [3][4]. - Covestro is a global supplier in the field of specialty technical films, primarily using polycarbonate (PC) and thermoplastic polyurethane (TPU) as raw materials. The company has production facilities in Europe, North America, and Asia, holding a significant position in the global specialty technical film market [4][5]. - Pontacol, the target of the acquisition, is a Swiss manufacturer of thermoplastic adhesive films with over 50 years of experience in producing ultra-thin adhesive films. These films are used for bonding components and coating surfaces in various industries, including automotive, textiles, composites, electronics, and protective products [5].