Dow plans acquisition of Danish PU systems maker Edulan A/S

21-Sep-07
The Dow Chemical Company plans to acquire Danish company Edulan A/S, an independent polyurethane (PU) systems house specializing in rigid foam and elastomer technologies, subject to regulatory approvals. Besides Edulan's business and production facility in Denmark, Dow will also acquire rights to all of its rigorously formulated and field-tested systems, which can be further developed into tailored solutions. Edulan sells a wide spectrum of polyurethane systems, mainly in the rigid foam market, and elastomers for specialties applications. By establishing a base in Denmark, Dow Polyurethane Systems will be well positioned to meet customer demand for customized polyurethane systems in the Nordic countries, as well as capture emerging demand in the growing economies of Estonia, Latvia and Lithuania. Besides leading to the expansion of Dow Polyurethane Systems' portfolio of PU systems technology, the deal will significantly enhance Dow's activities in northern Europe by strengthening its presence in Scandinavia and Nordic region.
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