All Addmaster articles
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News briefsPolygiene reports strong Q4 and positive outlook for 2025
The Swedish group reports strong Q4 and full-year 2024 results with double-digit growth, improved margins and ambitious plans for 2025.
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ArticlePolygiene making progress on turnaround
Polygiene turned an operating profit of 2.6 million Swedish kronor (€222,800) against a loss of SEK 4.0 million (€342,700) in Q2 ended June 30, as cost-cutting measures and strategic changes made last year began to take effect. The Swedish group’s quarterly revenues rose by 43 percent to SEK 36.4 million ...
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News briefsPolygiene’s Addmaster returns to its roots
In response to customer feedback, antimicrobial technology label Addmaster, part of the Polygiene Group, is reverting to its original name, Addmaster, effective Jan. 18, 2024. As part of this response to customer feedback, the company has launched a new standalone website. While it remains an integrated part of the Polygiene ...
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News briefsPolygiene Group acquires former distributor Biomaster US
As part of its U.S. expansion strategy, the Swedish Polygiene Group has acquired Biomaster US LLC, former distributor and customer of its subsidiary Addmaster Ltd. This acquisition gives the company a foothold in the U.S. and Central and South America, while BioMaster US CEO Charlie Matthews becomes part of the ...
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News briefsPolygiene acquires manufacturer of antimicrobial additives
Polygiene AB, through the indirectly wholly-owned subsidiary Addmaster (UK) Limited , has entered into an agreement to acquire the business related to SteriTouch from the privately-owned company Radical Materials Limited. The purchase price amounts to a total of approximately €4.2 million, where approximately €3.8 million is paid in cash and ...
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News briefsDual sports hydration system with built-in antimicrobial protection from Biomaster
Source: Mix Innovations Ltd. M:X® Dual Hydration System Polygiene’s subsidiary Addmaster has collaborated with Scottish company Mix Innovations Ltd. to develop a new hydration system that allows runners, cyclists and hikers to switch between pure water and flavored sports drinks as needed. The M:X® Dual Hydration System’s ...
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ArticlePolygiene sees sales momentum continuing after strong Q2
Polygiene reported sales of 46.9 million Swedish kronor (€4.6m-$5.4m) in the second quarter, up by 171 percent on the year earlier and accelerating from the already strong 141 percent growth rate seen in the previous quarter, as its top line continued to benefit from the addition of Addmaster Holdings, a ...
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News briefsPolygiene Q1 sales soar 141%
Polygiene, a provider of antimicrobial technology, saw sales jump by 141.4 percent to 42.0 million Swedish kronor (€4.2m-$5.1m) in the first quarter, boosted by continued demand for its ViralOff antimicrobial treatment during the Covid-19 pandemic and the addition of Addmaster Holdings, a global supplier of antibacterial additives for hard surfaces ...
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News briefsPolygiene posts double-digit revenue growth, driven by ViralOff
Antimicrobial technology provider Polygiene posted revenues of 83.9 million Swedish kronor (€8.3m-$10.1m) in 2020, an increase of 22 percent as compared to 2019. The company launched the ViralOff antiviral technology connected with the Covid-19 pandemic in April and later an upgraded formula of ViralOff with increased washability during the autumn. ...
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ArticlePolygiene records best quarterly sales ever
Polygiene said that the fourth quarter was the best in its history, with sales rising by 40.0 percent from the year-ago quarter to a record 26.6 million Swedish kronor (€2.7m-$3.2m). Revenue growth was largely due to the success of Polygiene’s ViralOff in the context of the Covid-19 pandemic, as this ...
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ArticleRecord sales for Polygiene in Q4
In a business update, Polygiene said its sales for the fourth quarter soared by 41.4 percent to a record 26.9 million Swedish kronor (€2.7m-$3.2m). The company added that British subsidiary Addmaster, which was acquired earlier in 2021, had even stronger growth, with revenues rising by as much as 69.2 percent, ...
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News briefsPolygiene’s acquisition of Addmaster approved
The shareholders of Polygiene, the Swedish supplier of anti-viral solutions, have accepted a proposal to issue new shares to help finance the acquisition of Addmaster Holdings, its very profitable U.K.-based supplier of anti-microbial additives for hard surfaces, for SEK 374 million (€36.7m-$44.7m) in cash and shares. Polygiene, whose sales of ...
