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Home » Appointments and Acquisitions » Dissolution of Participation: Schattdecor Sells Shares to Fine Decor GmbH

Dissolution of Participation: Schattdecor Sells Shares to Fine Decor GmbH

July 2, 2024
Schattdecor-Thansau

Schattdecor SE, a renowned surface specialist, and Fine Decor GmbH, a prominent film manufacturer, have decided to part ways. Schattdecor SE has sold its 50% stake in Fine Decor to the company’s founder, Hasan Sekmann. This strategic move marks the end of their collaboration, which, according to Schattdecor SE’s CEO, Roland Auer, did not yield the anticipated outcomes.

“True to our motto ‘One Source. Unlimited Solutions.’, we have continuously expanded our product portfolio over the past decades. In particular, we see the processing of new substrates, such as thermoplastic surfaces, as a promising field with great potential for our customers,” stated Auer.

Despite the dissolution of their partnership, Schattdecor remains committed to its strategic vision of developing and enhancing thermoplastic surfaces. The company plans to increase its investments in its technology and infrastructure to support this focus. Schattdecor has already built a robust foundation with successful brands, including the well-regarded Smartflex Nature furniture film.

For Schattdecor, the primary objective now is to ensure uninterrupted service to its customers and partners. The company assures that clients can continue to select products from Schattdecor or directly purchase Fineflex from Fine Decor.

The decision to end the partnership allows Schattdecor to concentrate more intensively on its core competencies and innovation in thermoplastic surfaces. This shift will enable Schattdecor to leverage its expertise and resources to develop new products and solutions that meet the evolving needs of the market.

By focusing on its own technological advancements, Schattdecor aims to strengthen its position in the industry and provide cutting-edge solutions to its customers. The company is poised to continue delivering high-quality products and services, maintaining its reputation as a leader in the surface solutions market.

In summary, the dissolution of the partnership between Schattdecor and Fine Decor GmbH represents a strategic realignment for both companies. Schattdecor will channel its efforts into furthering its innovation and product development, ensuring that it remains at the forefront of the surface solutions industry.

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Chitralekha Banerjee
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