Blue Cap AG acquires Neschen

With effect from December 01 Neschen Coating GmbH has become a subsidiary of Blue Cap AG, a listed Munich-based company with its specialization in further development of medium-sized technology-driven companies whilst preserving their corporate identity. The new company has taken over the complete staff of Neschen and continues business operations to the full extent and without a transitional period. Preparations for this started July 01, 2016 and have been concluded with the transfer of operations. The subsidiaries of the Neschen trade organisation Filmolux in Benelux, Germany, France, Italy and Austria were transferred entirely to Neschen Coating GmbH.

In the course of the takeover Kai Tittgemeyer was appointed as managing director of Neschen Coating. Since 2014 Kai has been working as plant and production manager at Neschen. With Filmolux group Neschen already today has its own sales channel and a real unique selling proposition compared to European competitors. But the development and independence of the belonging trade company Filmolux group shall be further developed in Europe. Neschen is the perfect addition to the adhesives companies Planatoland Biolink. Both companies are also now subsidiaries of Blue Cap.