Solvay acquires Flux Schweiß- und Lötstoffe GmbH to bolster aluminum brazing formulations
Hannover, 11 September 2014 - Solvay has acquired Flux Schweiß- und Lötstoffe GmbH (Flux) to complement its aluminum brazing capabilities and products with fast-growing formulations for automotive heat exchangers and stationary heat, ventilation and air conditioning units.
A flourishing and innovative German company, Flux will become part of Solvay’s Global Business Unit (GBU) Special Chemicals whose aluminum brazing products are recognized as the industry standard under the Nocolok® brand.
Flux has its headquarters and production site in Garbsen, close to the Solvay Special Chemicals site in Hannover. Flux sales reached € 21 million in 2013.
The combination of Solvay’s fluorinated chemical research and innovative capabilities with Flux’s outstanding know-how in formulations and applications will form a strong global platform for growth, bringing innovative and tailor-made solutions to customers.
As an international chemical group, SOLVAY assists industries in finding and implementing ever more responsible and value-creating solutions. Solvay generates 90% of its net sales in activities where it is among the world's top three players. It serves many markets, varying from energy and the environment to automotive and aeronautics or electricity and electronics, with one goal: to raise the performance of its clients and improve society's quality of life. The group is headquartered in Brussels, employs about 29,400 people in 56 countries and generated 9.9 billion euros in net sales in 2013. Solvay SA is listed as SOLB.BE on NYSE Euronext in Brussels and Paris (Bloomberg: SOLB:BB - Reuters: SOLB.BR).
SOLVAY Special Chemicals is world leader in selected specialities based on Fluorine, Strontium and Barium. The GBU leverages its distinctive knowledge to provide specialized products and solutions to selected industries, such as: Nocolok Fluxes for automotive heat exchangers, Solkane 365 as foam blowing agent in thermal insulation foams, fluorinated intermediates for agrochemicals, process chemicals for semiconductors, barium salts for electronic passive components, etc.