Follmann

Follmann Group's Russian subsidiary OOO Follmann will invest 500 million rubles to build a paint production plant for the wallpaper industry in the Bogorodsky industrial park, Moscow region. The project is planned until 2022.

Follmann has acquired Chemical Alliance, a Russian adhesive manufacturer based in Moscow with about 20 employees, effective 1 January 2020. The acquisition expands Follmann's adhesive production in Russia with polyurethane hot melt products.