Perstorp Overview
Established in 1881, Perstorp Holdings A.B’s headquarter is located in Malmo Sweden. Operating in three business segments such as Specialties & Solutions, Advanced Chemicals & Derivatives and Bio-Products. The company’s formic acid is used by various industries such as feed & food including segments as poultry, feed preservation, silage preservation, aquaculture, food, swine, feed hygiene, ruminants and tanning. The company operates through three business segments including specialties & solutions, advanced chemicals & derivatives, and bio-products. It caters adhesives to end-use industries including packaging, transport, footwear, and electronics. In addition, the company is engaged in manufacturing propionic acid, formic acid and silage additives for promotion of healthy animals and animal food. Perstorp Group has production lines in Europe, Asia and North America. Perstorp group is controlled by a major European private Equity Company named PAI partners.
The company has its sales market in Europe, North America, South America, Asia, Africa and Oceania. The production capacity of Perstorp for formic acid is approximately 40,000 tons per annum. The company registered generated a total revenue of USD 1322.48 million in 2016 with the help of 1500 employees.
Strategy
Perstorp is focused on achieving long-term growth through investments in specialty businesses where it (Perstorp) has a leading competitive position, focused innovation to address customer needs in its core markets, and bolt-on acquisitions to gain capabilities and access to adjacent markets.
