Sunday, 22 Sep 2019

BASF acquires Rolic AG

Rolic's technology know-how and customer relationships and BASF's market reach will create new opportunities for co-developing next gen LCD and OLED displays

3 Mar 2017 | Editor

BASF has announced that they have acquired the private company Rolic AG headquartered in Allschwil, Switzerland. Both companies have agreed not to disclose financial details of the transaction. The transaction includes Rolic’s affiliates in Allschwil, Eindhoven, The Netherlands and Shanghai, China. Regulatory approvals are not required.

Rolic is an innovative high-tech company with worldwide operations. The company’s 110 highly-skilled employees develop and sell ready-to-use formulations and functional film products for the display and security industry against forgery as well as barrier materials and films.

Rolic is a market and technology leader in photoalignment materials. Panel makers use Rolic’s technology to meet the needs of end consumers looking for products featuring optimum image quality with high contrast and brilliance, as well as very low energy consumption.

Dr. Markus Kramer, President of BASF’s Dispersions & Pigments division, said, "We are excited to have the Rolic team join BASF. The acquisition is a further step that reflects BASF’s strategic and long-term commitment to grow in the electronics industry,."
Dr. Lothar Laupichler, Senior Vice President of BASF’s Global Electronic Materials Business, said, "Our ability to deliver best-in-class technology solutions for next generation electronic devices and our local presence in all major markets are key success factors to respond to customer needs in this fast-moving, innovation-driven industry. We are convinced that bringing Rolic’s strong technology know-how and customer relationships together with BASF’s market reach will create new opportunities for co-developing next generation LCD and OLED displays featuring higher resolution, more brightness and deeper contrast."

Rolic was founded in 1994 as a spin-off from Hoffmann-La Roche. The company's subsequent success can be ascribed to visionary sole owner Karl Nicklaus: his dedication made the commercial breakthrough and organic growth of the company possible.

Norbert Münzel, CEO at Rolic, said, "Combining Rolic’s know-how with BASF's production and customer support capabilities – particularly in Asia – will make a unique Swiss technology to an industry standard for the LCD and OLED displays of the future."

www.basf.com    www.rolic.com   

About BASF

At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. The approximately 112,000 employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions and Oil & Gas. BASF generated sales of more than €70 billion in 2015. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (BAS).

Source: BASF

About Rolic

Rolic is a worldwide operating, innovative high-tech company headquartered in Switzerland with locations in Eindhoven (The Netherlands) and Shanghai (China). Rolic develops and sells applicable coating materials and functional foil products for displays, security elements and the sealing of highly sensitive products. The core competence of Rolic is light management. Using its patent-protected LCMO technology (Light Controlled Molecular Orientation), Rolic modifies surfaces on a nanoscale with polarized light to achieve unique optical effects.

Source: Rolic

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