Zurich, Switzerland – Sales in Conzzeta's division, which includes FoamPartner, grew by 75% in the first nine months of 2018.
Conzzeta's chemical specialties segment had sales of CHF 294.9m ($297m) in the first nine months of 2018. This compares with CHF 168.4 m in the period in 2017.
The Swiss holding company purchased German foamer Otto Bock in July 2017. This purchase doubled the size of the business and increased revenue at FoamPartner by CHF 53.8 m in 2017.
Sales across the whole business grew 29.3% to CHF 1.3 bn in the period. However, revenue grew by 14% in constant currency and if changes to accounting policies are included.