BRITISH VITA
MBO of Vitacom compounding business / Company renamed as E3g Group
British Vita (Middleton, Manchester, GB-Greater Manchester M24 2DB; www.britishvita.com) has sold its Vitacom rubber compounding business to a management team, headed by managing director Chris Turner. Vitacom (Clayton, Manchester, GB-Greater Manchester M11 4AS) employs 130 people and has sales of GBP 20m, of which 15% are exports. The purchase price has not been disclosed, but the business has been renamed E3g Group.
Vitacom is the largest, non-tyre vulcanised rubber compounder in the UK. It specialises in the compounding of a range of synthetic rubbers, but does not process thermoplastic elastomers, which have been supplied by Vita Thermoplastic Compounds. The current investment programme is to be maintained.
Vitacom is the largest, non-tyre vulcanised rubber compounder in the UK. It specialises in the compounding of a range of synthetic rubbers, but does not process thermoplastic elastomers, which have been supplied by Vita Thermoplastic Compounds. The current investment programme is to be maintained.
10.01.2002 Plasteurope.com [16266]
Published on 10.01.2002