HeiQ: Acquisition of materials technology com...

Acquisition of materials technology company Life

(Source: HeiQ)
(Source: HeiQ)

In line with HeiQ’s strategy to increase its presence in the bio-based antimicrobial and healthcare surface hygiene market, the company has acquired Life Material Technologies Ltd., Hong Kong/China. The acquisition is also a way for HeiQ Materials AG, Zurich/Switzerland, to further diversify and innovate its product range and capabilities with a view to becoming a global leader in materials innovation.

Life has developed a strong portfolio of smart ingredients and formulations with applications in numerous industries. This includes bio-based antimicrobial additives and treatments used by manufacturers of plastics, coatings, textiles, ceramics and paper, that inhibit or manage bacteria, fungi, algae, and other micro-organisms that come in contact with treated materials. Their technology platform in the industry, using inorganic, organic and bio-based botanical active substances.

Life’s 40+ products strengthen HeiQ’s global product offering and will facilitate existing technology platforms into new markets, especially masterbatches, plastics and coatings. HeiQ will also gain access to hygiene technologies, such as odor absorbent additives, that complement its core antimicrobial technology. With the acquisition, HeiQ will now have additional offices and laboratories in Thailand and Brazil.

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