Bayer Material Science acquires BaySystems BÜFA

Bayer MaterialScience has acquired the remaining shares in the 50:50 systems house joint venture BaySystems BÜFA Polyurethane GmbH & Co. KG from Büsing & Fasch GmbH & Co. KG.

Bayer MaterialScience is among the world’s largest polymer companies. Business activities are focused on the manufacture of high-tech polymer materials and the development of innovative solutions for products used in many areas of daily life. The main segments served are the automotive, electrical and electronics, construction, and sports and leisure industries. At the end of 2007, Bayer MaterialScience had 30 production sites and employed approximately 15,400 people around the globe.

In 2003, Bayer MaterialScience had acquired 50% of the shares of BÜFA Polyurethane GmbH & Co. KG, headquartered in Oldenburg. Since its integration into the global systems house network of BaySystems® – the umbrella brand for the global polyurethane systems operations of Bayer MaterialScience – the company offers tailor-made system solutions to customers in Germany, Austria, Switzerland, the Benelux countries and Northern Europe under the name BaySystems BÜFA. Its activities are geared towards systems for the production of integral skin foams, elastomers and rigid foams for innovative applications e.g. in the automotive, electrical/electronics, footwear, sports, leisure and medical technology sectors. Financial details of the transaction will not be disclosed.

“The complete acquisition of BaySystems BÜFA underlines our commitment to expanding our global network of polyurethane systems houses. Our goal is to be close to our customers, with the aim of generating added value for them through fast and flexible technology transfer within this network,” explains Peter Vanacker, head of the Polyurethanes Business Unit and member of the Executive Committee of Bayer MaterialScience.

Bayer MaterialScience’s network of systems houses in the Europe, Middle East, and Africa region (EMEA) also includes BaySystems Northern Europe A/S for Scandinavia and the Baltic countries, BaySystems CentralEurope for Central European countries, BaySystems RUS for the CIS countries, BaySystems Italia S.p.A. for Italy, BaySystems Iberia for the Iberian peninsula, BaySystems Hellas for the southern part of Eastern Europe, BaySystems Pearl for the Middle East, and the systems house in Nigel for southern Africa.