PIE-TICKER
Wavin: Takeover of Labko
Dutch plastic pipes maker Wavin (www.wavin.de), Zwolle, has acquired Finland's Oy Labko Ab (www.labko.fi), Kangasala, a manufacturer of sewage tanks as well as oil and grease separators. Labko had 2002 sales of EUR 17m and has 110 employees. The company will be folded into Wavin's Danish subsidiary Nordisk Wavin A/S. Antero Virtanen will continue on as Labko's managing director.
01.07.2003 Plasteurope.com [14454]
Published on 01.07.2003