AOC Aliancys Sells AOC (UK) Ltd. to BÜFA Composite Systems15 January 2020
AOC ANNOUNCES THAT PER 3 MARCH 2020, BÜFA COMPOSITE SYSTEMS, THE GERMAN-BASED SUPPLIER OF TAILOR-MADE UNSATURATED POLYESTER RESINS AND RESIN FORMULATIONS, WILL ACQUIRE AOC (UK) LTD. AFTER COMPLETION OF THE ACQUISITION, AOC (UK) LTD. WILL BE TRADING UNDER THE NAME OF BÜFA COMPOSITES UK. AOC WILL REMAIN THE SUPPLIER OF THE RESINS PORTFOLIO.
AOC (UK) Ltd. has been a leading UK supplier of composite products with over 25 years’ experience in providing resin distribution and formulation services. The company has been selling resins for the US-based resin company AOC LLC. With the change in ownership, AOC (UK) Ltd. and the existing BÜFA Composites UK Distribution entity will be combined into one company.
“This acquisition will give our UK customers better access to quality products”, explains Felix Thalmann, CEO of the BÜFA Group. “The new company will strengthen our capability to support our customers in the right way, and is a solid basis for their continued business growth.”
“BÜFA Composite Systems has been our long-standing partner for many years”, comments Fons Harbers, Vice-President Marketing & Sales EMEA of AOC. “We are excited about the extended collaboration with BÜFA. We are confident that we will be able to provide our customers in the UK with an even better service as a result of the change.”
AOC is the leading global supplier of polyester and vinyl ester resins, gelcoats and specialty materials used for the composites industry. With strong capabilities around the world in manufacturing and science, the company delivers unrivaled quality, service and reliability for today, and is creating innovative solutions for tomorrow. Together with its customers, AOC is shaping the future of composites with new technology and applications. So let’s talk, and find ways to increase our mutual business success.
AOC’ headquarters are based in Collierville (TN, USA) and Schaffhausen (Switzerland). To learn more, visit www.aocAOC.com.
The BÜFA Group is an independent, medium-sized company in the chemical industry. Based in Oldenburg, Germany, the company has its roots in a trade founded in 1883 for colored woods, oils and chemicals. Today, BÜFA offers a wide range of products, services and products in its three international business fields chemicals, cleaning and composites. Our customers include companies in the food processing, textile, industrial and vehicle cleaning, wind energy, rail and commercial vehicle sectors as well as boat and ship building industries.
With 549 employees and 28 trainees, BÜFA achieved revenues of EUR 219 million in 2018. The Oldenburg-based company with a long tradition cultivates a fair and cooperative partnership with customers, suppliers and the public in keeping with its high ethical values. Firmly anchored in its corporate principles, BÜFA strictly adheres to the principle of sustainability. BÜFA focuses on "New Chemistry" and combines profitability with social responsibility.