At the end of October/start of November 2019, Aslan, Schwarz GmbH & Co KG, based in Overath, will be acquired by the Poli-Tape Group of Remagen.
Aslan is a leading developer, manufacturer and marketer of specialised self-adhesive films for use in the market sectors of sign making, digital printing, stencil films, graphic designs for interiors and films for book protection.
Poli-Tape is an innovative manufacturer of self-adhesive films in the sectors of textile transfer films, digital printing media, sign making vinyls, laminating films and pressure sensitive adhesive tapes.
The Aslan brand will continue. The Overath-Untereschbach site will be maintained, all employees will be retained and the enduring high quality personal service that customers have always known will be upheld.
Existing business relationships, responsibilities, brand name – nothing will change for the market or for Aslan customers.
Oliver Schwarz, CEO Aslan, said: ‘Poli-Tape is the ideal partner for Aslan, and for our philosophy. I am pleased to have settled the succession plan for the company at an early stage, and to know that the course is now set for continued success in the future. I personally will continue to support the company with advice and assistance.’
Sven Möhren, CEO Poli-Tape Group, said: ‘We are delighted to have found in Aslan, with its strong brand and high quality products, an excellent addition to the group. The companies will continue to operate independently, but their connection as one group will make them even stronger for meeting the needs of the market.’
The transaction is still subject to approval from the German competition authority.