EV Group Expands Its European Platform Through the Acquisition of Cornelius Polska
Strengthening a Pan-European Specialty Chemicals Network;’Eigenmann & Veronelli Group (“EV Group”), a leading international distributor and manufacturer of specialty chemicals and food ingredients, has signed an agreement to acquire a majority shareholding in Cornelius Polska, a well-established specialty chemicals distributor headquartered in Warsaw, Poland. The transaction represents a significant strategic milestone in EV Group’s long-term growth strategy and reinforces its ambition to strengthen and scale its European presence.
The acquisition aligns with EV Group’s vision of building a robust, integrated, and technically driven distribution platform across Europe, capable of serving multinational suppliers and a diverse customer base across multiple high-value end markets.
Cornelius Polska: A Strong Local Player With Deep Market Roots
Founded in 2007, Cornelius Polska has grown into a respected and reliable distributor of specialty chemicals in the Polish market. Headquartered in Warsaw, the company has established itself as a key partner to leading international suppliers while serving a broad and diversified customer base across Poland.
With operations firmly rooted in the country, Cornelius Polska is active across several attractive and resilient end markets, including beauty and personal care, food ingredients, and a range of industrial applications. Over nearly two decades of operation, the company has built a strong reputation for technical competence, commercial excellence, and long-standing customer relationships.
A Premium Portfolio and Highly Skilled Team
Cornelius Polska is recognized for its comprehensive premium product portfolio, which addresses the evolving needs of customers operating in demanding and innovation-driven markets. Its offering is supported by a highly skilled and experienced team of approximately 28 professionals, whose technical expertise and customer-centric approach have been instrumental in the company’s success.
The team’s in-depth application knowledge, combined with strong supplier partnerships, enables Cornelius Polska to deliver tailored solutions rather than purely transactional distribution services. This value-added approach has positioned the company as a trusted advisor to customers and a preferred route-to-market partner for global suppliers.
In 2025, Cornelius Polska reported annual revenues of approximately EUR 16 million, reflecting both the resilience of its core markets and the effectiveness of its commercial strategy.
Strategic Rationale for EV Group
For EV Group, the acquisition of Cornelius Polska represents a highly strategic step that enhances the Group’s scale, geographic reach, and market capabilities within Europe. Poland is one of the fastest-growing and most strategically important markets in Central and Eastern Europe, offering strong industrial fundamentals and long-term growth potential.
By welcoming Cornelius Polska into the Group, EV Group significantly strengthens its local presence in the region, while gaining access to new customers, suppliers, and application areas. The transaction also supports EV Group’s broader ambition to deepen its footprint in key European markets and to build a cohesive platform capable of delivering consistent service excellence across borders.
Unlocking New Growth Opportunities Across Multiple Markets
The combination of EV Group and Cornelius Polska is expected to unlock new growth opportunities across the beauty and personal care, food, and industrial segments. By leveraging EV Group’s broader European infrastructure, supplier relationships, and technical resources, Cornelius Polska will be well positioned to accelerate its development and expand its offering.
At the same time, EV Group will benefit from Cornelius Polska’s deep local market knowledge, established customer relationships, and strong reputation in Poland. The transaction creates opportunities for cross-fertilization of expertise, portfolio expansion, and the development of new solutions tailored to regional and customer-specific needs.
Leadership Perspective: A Milestone for European Expansion
Commenting on the acquisition, Gabriele Bonomi, Chief Executive Officer of EV Group, emphasized the strategic importance of the transaction:
This is an important milestone in expanding our footprint in Europe. Cornelius Polska brings deep local market knowledge, a loyal customer base, and a strong platform for growth across multiple applications, making it a real asset for our partners, teams, and suppliers across Europe.
He further highlighted the value of the Cornelius Polska team:
We are also pleased to welcome a highly experienced and skilled team that will add significant value to our organization and ensure continuity in established customer and supplier relationships.
Cornelius Group’s Perspective on the Transaction
Dr. Neville Prior, Chairman of the Cornelius Group, also welcomed the agreement and reflected on the company’s journey:
Cornelius Polska has been an important part of our organisation for many years, and we are extremely proud of what the team has accomplished. Joining EV Group creates new opportunities for both the business and its people, and I am confident this transition will deliver lasting value for customers and partners.
His comments underscore the shared values between the two organizations, particularly with regard to long-term partnerships, technical excellence, and customer focus.
Ensuring Continuity and Long-Term Value Creation
A key priority for both parties is to ensure continuity for customers, suppliers, and employees. The experienced management team and workforce of Cornelius Polska will remain in place, preserving established relationships and maintaining the high service standards for which the company is known.
The integration into EV Group is expected to be collaborative and growth-oriented, with a focus on empowering local teams while leveraging Group-wide capabilities and best practices.
Transaction Timeline and Regulatory Approvals
The transaction is subject to customary regulatory approvals and closing conditions. Completion is currently expected in the first quarter of 2026.
Upon completion, Cornelius Polska will become an integral part of EV Group’s European operations, further strengthening the Group’s position as a leading specialty chemicals and food ingredients distributor across the region.
A Strategic Step Toward a Stronger European Future
Overall, the acquisition of Cornelius Polska represents a decisive step in EV Group’s European expansion strategy. By combining local expertise with a strong international platform, the Group is well positioned to drive sustainable growth, deliver enhanced value to partners, and reinforce its leadership in the specialty chemicals and food ingredients distribution market across Europe.
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