Specialty chemicals and surface treatment specialist SurTec has announced the acquisition of Italian TF Chemical srl, a renowned chemical supplier known for high product quality and good service. TF Chemical has built a solid reputation for the development of high-quality process chemicals, which are mainly used in the sanitary industry for surface treatment.
The acquisition gives SurTec access to a broader portfolio of advanced formulations, proprietary technologies and highly skilled employees. This acquisition is part of SurTec's growth strategy focused on expanding its product offering and geographic footprint. "We are pleased to announce the acquisition of TF Chemical," said Dr. Fulvio Lamberti, CFO of SurTec. "Their expertise and product portfolio perfectly complement our existing capabilities and allow us to offer our customers an even broader range of solutions.
solutions to our customers. This strategic move strengthens our market position and supports our commitment to providing high performance chemical solutions for surface treatment." The acquisition of TF Chemical marks an exciting chapter in SurTec's development as it further expands and diversifies the Decorative Electroplating business. Within the first quarter of 2024, TF Chemical will be fully integrated into the Italian company of the SurTec Group with retroactive effect from December 31, 2022.
