GRAMMER
Purchase of competitor Reum wrapped up
At the end of 2015, after the authorities had given their all-clear, automotive supplier Grammer (Amberg / Germany; www.grammer.com) completed its purchase of competitor Reum (Hardheim / Germany; www.reum.com) – for previous coverage, see Plasteurope.com of 29.10.2015. Grammer paid EUR 50m for the businesses it acquired, Reum Kunststoff- und Metalltechnik and Reum Polska (Sosnowiec / Poland). Sellers were HTP Investments (Goes / The Netherlands; www.htp-investments.com) as well as Palatium Beteiligungsgesellschaft.
Reum develops and produces high-quality metal and plastic blends, kinematic interior components and surface finishings for the automotive industry. The company’s 950 employees posted sales of about EUR 130m in 2014.
Reum develops and produces high-quality metal and plastic blends, kinematic interior components and surface finishings for the automotive industry. The company’s 950 employees posted sales of about EUR 130m in 2014.
13.01.2016 Plasteurope.com [233073-0]
Published on 13.01.2016
German version of this article...