New company headquarters for Panacol

New company premises

Katja Preydel, 26.06.2019, 08:07

New company headquarters for Panacol

The manufacturer of industrial and specialty adhesives, Panacol-Elosol, has been based in the Steinbach industrial estate on the outskirts of Frankfurt am Main since 2009. The steadily growing company will relocate its headquarters to the new "Im Gründchen" industrial estate, also in Steinbach (Taunus), in summer 2020, doubling its office, laboratory and production space.

Groundbreaking ceremony © Nicole Gruber

On Wednesday, June 19, 2019, Florian Eulenhöfer, Managing Director of Panacol-Elosol, broke ground for the new company premises in the presence of the Steinbach town council, the newly elected mayor Steffen Bonk, the contracted companies and the press. "We are delighted to have found a suitable site in the immediate vicinity of our current location in Steinbach, which also offers us sufficient space for our future growth and does not mean longer journeys for our employees," said Florian Eulenhöfer. First City Councillor Lars Knobloch is also satisfied: "We are very pleased that we have succeeded in keeping such an important company as Panacol in Steinbach. Panacol is a 'hidden champion' and is a very important and significant company for our town. The fact that they are prepared to invest 15 million euros is a clear commitment to Steinbach as a business location."

Panacol's product spectrum ranges from UV adhesives and structural adhesives to conductive adhesives for a wide variety of applications. Panacol-Elosol was founded in 1978 as a German subsidiary of the Swiss Panacol AG in Frankfurt. The company has been part of the Hönle Group since 2008. Hönle is the world's leading supplier of industrial UV technology, making Panacol a reliable system provider from bonding to curing of adhesives. Since 2009, Panacol has been responsible for the entire distribution of adhesives and potting compounds of the group of companies.

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