Profile manufacturer Inter Primo (Copenhagen / Denmark; www.primo.com) has announced the sale of its 49% share in pipe producer Spyra Primo (Mikołówan / Poland; www.spyraprimo.pl) to company president and JV partner Czeslaw Spyra. The Danish company said in a statement that it wants to consolidate its activities around its core business of profile extrusion. The 28-year-long cooperation with the the Polish company will be continued in the form of a customer-supplier relationship.

The time is right for Spyra Primo to develop independently, Inter Primo CEO Claus Tønnesen said. Forecasts for the planned expansion of the fibre-optic cable network in Europe promise good market prospects, he noted. In 2019, the Polish company had a turnover of EUR 15m.

In recent years, Inter Primo has divested various other activities to focus on profile extrusion. Last year, for example, the company sold its Finnish compounding plant in Heinola, and in 2013 it shed its former subsidiaries Norsk Formblåsning in Norway and Primo Windows in Denmark. In turn, it strengthened its extrusion business with the acquisitions of Profilex, with plants in Germany and China, and Essentra Extrusion in the Netherlands (see Plasteurope.com of 13.04.2004 and 24.06.2019).

“[Inter] Primo is the result of decades of organic growth and acquisitions in the plastics industry,” Tønnesen said, noting that the company currently has 13 locations in 9 countries, including Russia and China. The next step, he explained, is to overhaul the sales organisation so Inter Primo has a unified presence in all its markets.