NetComposites
Attwater

Polytec Group Acquires the Moulding Business of Menzolit-Fibron

15 April 2007

Polytec has signed an agreement to acquire the moulding business of Menzolit-Fibron, a subsidiary company of Plastal Holding.

Menzolit-Fibron is one of the leading manufacturers of composite parts in Sheet Moulding Compound (SMC) and Long Fibre Thermoplastics (LFT) for the passenger car, truck and agricultural vehicle industry and for industrial applications and achieved sales of EUR 169 million in the moulding business with approx. 1,300 employees in 2006. Headquartered in Kraichgau-Gochsheim, Germany, it operates 8 manufacturing plants located in Germany (5), Slovakia (2) and Turkey (1).

Menzolit-Fibron as part of the Dynamit Nobel Kunststoff GmbH was acquired by Plastal Holding AB end of 2005 With the acquisition of Menzolit-Fibron, the Polytec Group expands its geographic presence and its customer base and would reach - based on the figures of 2006 - a turnover of approx. EUR 700 million with approx. 5000 employees.

The integration into the Polytec Automotive Composites Division forms - based on the results in 2006 with a turnover of approx. EUR 230 million - the largest supplier in Europe for moulded composite components, modules and systems with the main customers DaimlerChrysler Truck Group and Mercedes Car Group, Iveco, Volvo Global Trucks and Volvo Powertrain, Scania, VW-Group, MAN, John Deere and others.






Related / You might like...

Composite Advantage Introduces Standard Line of FRP Trail Bridges

Short-lived bridge products that require constant care and regular replacement have prompted parks and recreation agencies to look for longer lasting alternatives.

Fibermaq Consolidates Filament Winding Portfolio

During 2017 Brazilian company Fibermaq consolidated its filament winding portfolio.

Graphenano Collaborates with Tecnivial on Graphene Signs

Graphenano Composites has signed an agreement with Tecnivial to improve the properties of the composites used in the Spanish company’s traffic safety signs for airports, railways and roads by the incorporation of graphene.