Acquisition
Plant set-ups: Nu-Vu Conair opens new facility in India
Nu-Vu Conair, a manufacturer of plastic auxiliary equipment in India, recently inaugurated its new fabrication facility in Ahmedabad, Gujarat. This facility houses ultra‐modern fabrication machinery such as laser cutting machine, CNC press brake, CNC rolling machine and automatic welding machine. This new initiative is a part of the company’s ‘Continuous…
Read More »MBA Polymers acquires new recycling plant for electronic equipment waste in Germany
US recycling company MBA Polymers has taken over a new production site in Mauna near Dresden. The site in Germany is held by the subsidiary MBA Polymers Germany GmbH. It will be MBA Polymers fifth recycling facility using its patented process producing post-consumer plastic. With this facility MBA Polymers says…
Read More »Ipex acquires pipe maker
US subsidiary of Belgium-based Aliaxis, Ipex, has acquired a family-owned business, Silver-Line Plastics, a US manufacturer of plastic pipe products with production facilities in Asheville, North Carolina; Lawton, Oklahoma; and Fort Pierce, Florida. With this acquisition, Ipex, also a pipe systems manufacturer, says it will increase its market position in…
Read More »PMC completes acquisition of StyroChem Canada
US-based private equity firm PMC Capital Group has completed the acquisition of StyroChem Canada from WinCup, a manufacturer of disposable foodservice products. StyroChem is a manufacturer of expandable polystyrene (EPS) grades used in food service, packaging, construction, casting and specialty applications with over US$100 million of revenue. Glenn Wredenhagen, President…
Read More »