Blanchon Group, a leading European player in protective and decoration coatings for the home improvement market, accelerates its international growth with the acquisition of Dr Schutz in Germany

Lyon, December 3rd, 2024. Blanchon Group (“Blanchon” or “the Group”) announces the acquisition of Dr Schutz (known under Dr Schutz and Eukula brands), a German family-owned business specialising in the renovation, protection and maintenance of floors, including vinyl, epoxy and wooden floors for commercial and sport segments. For more than 70 years, Dr Schutz has been developing, manufacturing and selling speciality polyurethane systems for heavy renovation of vinyl and epoxy floors as well as flooring care products, dedicated to professional customers.

Supported by IK Partners and Abenex, this acquisition is part of Blanchon Group’s strategy to accelerate international growth and become a European leader in protection, renovation, maintenance and decoration of wood and vinyl flooring and surfaces. With a commercial presence in more than 30 countries and exclusive partners in key regions, Dr Schutz operates from five main sites in Germany, Poland, Switzerland, the UK and USA. These will be added to the well-established Blanchon subsidiaries to broaden the Group’s geographical presence.

This acquisition leverages the complementary combination of the Blanchon and Dr Schutz product lines, their strong brand awareness and their respective client portfolios. It positions Blanchon Group to become the leading floor renovation specialist for professional customers, solidifying its position in the DACH region, the Netherlands and Nordics, amongst others.

The 90 highly skilled employees of Dr Schutz are now joining Blanchon Group’s experienced and multi-functional teams. Dr Karl-Michael Schutz and his top Management remain fully involved in the company and he will take over the overall responsibility for Germany and the vinyl floor renovation business segment.

Guillaume Clément, President and CEO of the Blanchon Group, said: “We are thrilled to welcome Dr Schutz into the Blanchon family. This acquisition is a significant milestone in the Group’s almost 200-year history. Through this acquisition, Germany, the largest flooring market in Europe, will become one of our most important markets, alongside France. A strong team of professionals led by Dr Karl-Michael Schutz are joining us and will ensure our company’s continued development for years to come. The acquisition of Dr Schutz will enable us to provide our customers with a full product range in the flooring segment, including specialty systems for heavy renovation and a full range of wood and vinyl care products. Step by step, we are building a truly international company dedicated to indoor and outdoor surface care. Dr Schutz is a perfect match”.

Dr Karl-Michael Schutz, co-owner of Dr Schutz stated: “We are very pleased to join Blanchon Group. Our motto ‘We care about floors’ fits perfectly with Blanchon’s ethos and we share the same DNA and values. Benefitting from its strong reputation in Europe, as well as its solid R&D expertise, the Group has an offering that is highly complementary to Dr Schutz’s technical product range and value proposition. Joining forces will ensure strong development, benefitting our employees, customers and partners”.

Contact details:
Blanchon Group: Béatrice Gladel, bgladel@blanchon.com
Dr Schutz: Dr Karl-Michael Schutz, kms@dr-schutz.com

Relevant websites: blanchongroup.com; dr-schutz.com; bigler-lacke.swiss;
rigoverffabriek.nl; ciranova.eu; syntilor.com; ikpartners.com; and abenex.com