EV Group Expands European Presence With Acquisition of Cornelius Polska
BUSINESS WIRE – Eigenmann & Veronelli Group (“EV Group”), a global leader in the distribution and manufacturing of specialty chemicals and food ingredients, has entered into an agreement to acquire a majority stake in Cornelius Polska, a well-established Polish distributor. This strategic acquisition marks a significant step in EV Group’s efforts to expand its footprint in Europe and strengthen its position across key market segments.
About Cornelius Polska
Founded in 2007 and headquartered in Warsaw, Cornelius Polska has built a strong reputation as a reliable distributor of specialty chemicals. The company partners with leading international suppliers and serves a broad and diversified customer base across multiple sectors, including beauty and personal care, food, and industrial markets.
Over the years, Cornelius Polska has become known for its technical expertise, commercial acumen, and the ability to provide high-quality solutions tailored to customer needs. With a highly skilled team of approximately 28 employees and a premium product portfolio, the company combines deep industry knowledge with longstanding customer relationships.
In 2025, Cornelius Polska reported annual revenues of approximately EUR 16 million, reflecting consistent growth and a solid market position in Poland.
Strategic Rationale for the Acquisition
The acquisition of Cornelius Polska represents a strategic move for EV Group to enhance its scale and presence in the European market. By integrating Cornelius Polska’s operations, EV Group aims to leverage new growth opportunities and strengthen its offering in the beauty and personal care, food, and industrial sectors.
“This is an important milestone in expanding our footprint in Europe,” said Gabriele Bonomi, CEO of EV Group. “Cornelius Polska brings deep local market knowledge, a loyal customer base, and a strong platform for growth across multiple applications. It is a real asset for our partners, teams, and suppliers throughout Europe. 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.”
By combining EV Group’s international expertise and Cornelius Polska’s local market knowledge, the Group anticipates enhanced operational efficiency, stronger customer engagement, and an expanded product offering. This integration is expected to unlock new business potential and drive long-term growth across multiple sectors.
Cornelius Polska’s Legacy and Expertise
Dr. Neville Prior, Chairman of the Cornelius Group, emphasized the significance of this transition: “Cornelius Polska has been an important part of our organization 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.”
Cornelius Polska’s expertise spans a diverse range of applications in specialty chemicals, allowing the company to serve complex market demands. Its technical knowledge, combined with robust commercial capabilities, has positioned the company as a trusted partner for both suppliers and customers.
Operational and Market Synergies
The acquisition is expected to create strong operational and market synergies between EV Group and Cornelius Polska. Key benefits include:
- Expanded European Footprint: The acquisition strengthens EV Group’s presence in Central and Eastern Europe, enabling closer engagement with customers and suppliers.
- Enhanced Product Portfolio: Cornelius Polska’s premium product offerings complement EV Group’s extensive portfolio of specialty chemicals and food ingredients.
- Expert Team Integration: The highly skilled team at Cornelius Polska will bring expertise, continuity, and strong customer relationships, supporting EV Group’s commitment to high-quality service and technical excellence.
- Growth Opportunities: The combined entity is well-positioned to explore new applications in beauty and personal care, food, and industrial sectors, expanding business potential across multiple markets.
These synergies are expected to drive revenue growth, strengthen market position, and improve value creation for stakeholders in the long term.
Transaction Details
The agreement is subject to customary regulatory approvals and closing conditions. Completion of the acquisition is anticipated in the first quarter of 2026. The strategic transaction underscores EV Group’s commitment to growth, innovation, and strengthening partnerships across Europe.
About EV Group
Founded in 1910, Eigenmann & Veronelli Group is a leading international solutions provider specializing in specialty chemicals and food ingredients. Headquartered in Pero, Italy, EV Group has a direct presence in Italy, Iberia, Turkey, and the U.A.E., and its commercial reach extends to more than 45 countries worldwide.
In 2025, EV Group generated a consolidated turnover of EUR 340 million and employed over 350 professionals. With more than a century of experience, EV Group is synonymous with effectiveness, efficiency, and innovation. The company combines local market knowledge with chemical expertise to deliver tailored solutions to customers.
EV Group offers a diversified portfolio of high-quality specialty chemicals and food ingredients. Its services include:
- Custom formulation and technical support
- Marketing and supply chain solutions
- Comprehensive regulatory guidance
- Application-specific solutions across multiple industries
The acquisition of Cornelius Polska aligns with EV Group’s strategy to expand its European footprint, diversify its offerings, and enhance customer-centric solutions in high-growth markets.
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