GERMANY - Schattdecor and Fine Decor are concluding their partnership, with Schattdecor SE selling its 50% stake to Fine Decor founder Hasan Sekmann.

Roland Auer, CEO of Schattdecor SE, noted that the investment in Fine Decor did not yield the desired results.

“Under our motto ‘One Source. Unlimited Solutions.’, we have consistently expanded our product portfolio over the decades. We see significant potential in the development of new substrates like thermoplastic surfaces,” Auer explained.

Schattdecor remains committed to advancing thermoplastic surfaces, focusing on enhancing its own technology and infrastructure. The company has already established a strong foundation with successful brands such as Smartflex Nature furniture film.

Schattdecor's priority now is to ensure seamless service for their customers and partners. They can continue to select products from Schattdecor or directly purchase Fineflex from Fine Decor.