AMIBLU
Hobas and Amiantit merger complete / New joint venture with headquarters in Austria
Following approval from the European Competition Authorities (ECA), the merging of the European activities of GRP pipe producers Hobas (Klagenfurt / Austria; www.hobas.com) and Amiantit (Dammam / Saudi Arabia; www.amiantit.com) – including Flowtite's (Sandefjord / Norway; www.flowtite.com) activities – was successfully completed on 28 August (see Plasteurope.com of 15.08.2017). The 50:50 joint venture is named Amiblu, with headquarters in Klagenfurt.

Nick Crofts is CEO of the jv and Claus Brun, former managing director of Hobas, is CCO International. The "Hobas" and "Flowtite" brands will continue as part of the new company. Flowtite has been part of the Amiantit group since 2001.

GRP pipes produced by Amiantit and Hobas, which is a subsidiary of Wietersdorfer (Klagenfurt; www.wietersdorfer.com), are used in drinking water, irrigation, waste water, hydropower and industrial applications.
13.09.2017 Plasteurope.com [237821-0]
Published on 13.09.2017
Amiblu: Zusammenschluss zwischen Hobas und Amiantit vollzogenGerman version of this article...

© 2001-2024 Plasteurope.com  |  Imprint  |  Privacy  |  Cookie settings

Plasteurope.com is a business information platform for the European plastics industry. It is part of KI Kunststoff Information and PIE Plastics Information Europe, one of the leading content providers for the European plastics industry. We offer daily updated business news and reports, in-depth market analysis, polymer prices and other services for the international plastics industry, including a suppliers guide, career opportunities, a trade name directory and videos.

News | Polymer Prices | Material Databases | Plastics Exchange | Suppliers Guide | Jobs | Register | Advertising

PIE – Plastics Information Europe | KI – Kunststoff Information | KunststoffWeb | Plastics Material Exchange | Polyglobe | K-Profi
© 2001-2024 by Plasteurope.com, Bad Homburg
Date of print: 26.11.2024 14:53:47   (Ref: 767087625)
Text and images are subject to copyright and other laws for protection of intellectual property.
Any duplication or distribution in any media as a whole or in parts requires prior written approval by Plasteurope. URL: http://www.plasteurope.com/news/detail.asp