Algol Chemicals Oy has agreed on 3 October 2025 to acquire the business of Buratec Oy. With the acquisition, Algol Chemicals will strengthen its position in the Finnish and Baltic markets for plastic colourants, additives, compounds and raw materials.
Buratec has been operating in the market for 34 years in close cooperation with leading principals in the industry. As a result of the business acquisition, three employees will transfer to Algol Chemicals as long-service employees.
“I am very pleased that we can expand the Algol Chemicals product range with the products represented by Buratec, which fit perfectly into our portfolio without any overlap. At the same time, we are able to strengthen our expertise with that of Buratec. I wish Buratec’s employees a very warm welcome to Algol Chemicals,” says Kalle Kettunen, CEO of Algol Chemicals.
“We are excited to begin our journey with Algol Chemicals and believe we will provide a great addition to the company’s portfolio. We have established a significant foothold among plastic product manufacturers, and this acquisition will ensure the availability of our products well into the future,” says Jari Kerbs, Managing Director of Buratec.
The transaction is expected to be completed by the end of October, after which Buratec will continue its
operations as part of Algol Chemicals.
In the photo are Kalle Kettunen, CEO at Algol Chemicals; Jari Kerbs, Managing Director, Buratec; and Alexander Bargum, Chairman of the Board from Algol Chemicals.
Further information:
Kalle Kettunen, CEO, Algol Chemicals, t. +358 40 558 5478, kalle.kettunen@algol.com
Jari Kerbs, Managing Director, Buratec, t. +358 40 551 2071, jari.kerbs@buratec.fi
Algol Chemicals in brief
Algol Chemicals connects manufacturers of industrial raw materials to industrial customers by offering value-added services, tailored deliveries and expert product know-how.
Our globally sourced, REACH compliant products are delivered to our customers directly from local warehouses. Algol Chemicals provides its services to over 3000 industrial companies throughout the Nordic and Baltic regions, Ukraine and India. Algol Chemicals is part of the Algol Group.
Buratec in brief
Buratec Oy is a sales company specialising in plastic colourants, additives, compounds and raw materials that was founded in 1991. At the core of its operations are reliability, speed, flexibility and precision.
