Proventis Partners advised LAS Holding AG on the sale of Pontacol AG to Covestro Deutschland AG

On June 23, 2025, LAS Holding AG has signed an agreement to sell Pontacol AG, a Swiss manufacturer of multilayer adhesive films, and its subsidiaries (Pontacol GmbH, Germany and Pontacol Inc., USA) to Covestro Deutschland AG. The two owners of the LAS Holding, Adrian Leumann and Stefan Leumann, explain the move: “Pontacol has a great portfolio of adhesive films and unlimited possibilities for innovation. Leveraging the true potential of this special adhesive technology in today’s political and economic environment is challenging for a mid-size family company like LAS Holding. With Covestro we’ve found a new strong owner who can give Pontacol a new perspective for success, innovation and growth.”

“This acquisition is an important milestone in our Specialty Films growth strategy,” says Aukje Doornbos, Head of Business Entity Specialty Films at Covestro. “In recent years, we have already made large investments in expanding our global capacities. With Pontacol, we can strengthen our product development and expand our global offering for our customers. We are particularly looking forward to the approximately 100 experienced employees who will make a valuable contribution to our further growth with their expertise.”