20 March 2018
20 March 2018
Lipex Engineering has acquired the assets of the Lipex Anlagentechnik und Handel and will continue to serve international glass fibre industry with new management, but core personnel staying in the company.
Lipex Anlagentechnik und Handel was founded in 1975 and is a supplier of machinery, equipment and technology for the production of industrial glass fibres. In the last four years, average turnover was around €9 million. Lipex is a specialised engineering service provider that conceptually plans both single production lines and complete manufacturing facilities or plants.
Lipex Engineering, based in Puchheim, in Germany, will continue to serve customers in the glass fibre industry, with a focus on flexibility and customer orientation. The company is currently working on various projects in the Middle East and Africa.
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