ATP adhesive systems AG (ATP), a global leader in solvent-free adhesive technologies, has announced the acquisition of Neschen Coating GmbH. Neschen, a Blue Cap AG company, is a well-known manufacturer of solvent-free adhesive products. It was bought from insolvency by Blue Cap AG in 2016. At the time of Starleaton’s 2024 insolvency, administrators Cathro Partners listed its debt to Neschen Coatings AG. Neschen was founded in 1889 and bought by Hans Neschen in 1946. ATP is a Swiss-German company and winner of Delloit’s ‘Best Managed Company’ in 2023. This strategic acquisition is a pivotal step in ATP’s mission to enhance production capacity, further its commitment to sustainable products, and strengthen its supply chain resiliency.
Neschen 135The acquisition of Neschen aligns with ATP’s long-term strategy of delivering innovative, solvent-free solutions to its customers across various industries. Both companies share a strong focus on sustainability, as NESCHEN, like ATP, is dedicated to producing eco-friendly, solvent-free adhesives and products thereof. This shared vision ensures a seamless integration of Neschen Coating into the ATP family and reinforces ATP’s position as a market leader in environmentally responsible adhesive technologies. This acquisition also facilitates strategic diversification, allowing ATP to tap into new markets and broaden its product offerings, particularly within the graphic arts segment and other key sectors.