Sweden-based company Polygiene has bought UK-based Addmaster Holdings Limited, making it a comprehensive supplier of antimicrobial solutions for both soft and hard surfaces.
Polygiene acquisition expands sustainable offering
On one of the last days of the year, an extraordinary general meeting voted in favour of Polygiene’s acquisition of Addmaster at a purchase price of SEK 374 million (~€36.5m).
Polygiene CEO Ulrika Björk said: “We can now focus on merging the two companies and getting the organisation established. The acquisition will allow us to offer the market a comprehensive solution of antimicrobial functions for both soft surfaces such as textiles and hard surfaces such as floors, handles, kitchen and bathroom fittings in public spaces.”
Of Polygiene’s antimicrobial and odour management products ViralOff, BioStatic and OdorCrunch, the former, launched in the spring, has performed the best. This comes as no surprise, since according to an ISO standard it is over 99 percent effective at breaking down viruses such as SARS-CoV-2, which causes the disease COVID-19, within two hours.
Addmaster Founder Paul Morris added: “It’s a very exciting time being part of bringing together two major players in the antimicrobial industry and creating a powerhouse capable of dominating the industry by being the provider of all solutions for all applications. Utilising the brand power of companies, will significantly enhance the value proposition of antimicrobial protection to our clients, when the public are so educated in the need for hygienic protection and demand is so high.”