PLAX GROUP
Italian plastics processor takes over competitor Meccanica
Injection moulding machinery and tool manufacturer Meccanica GM (Loreto / Italy; www.meccanicagm.com) has been taken over by the Plax Group (Zola Predosa / Italy; www.plax.it). Meccanica's founders will continue to work with the company for several years until its full integration into the Plax Group, including its subsidiaries in Tunisia and China. Plax had pro-forma sales of more than EUR 44m in 2016 and an EBITDA of just under EUR 6m.

The Plax group is active in thermoforming and injection moulding and consists of eight companies, including Plaxtiglass and Askerz in the thermoforming area and Lampia and Wanox for injection moulding. With its newest acquisition, the Italian processor wants to secure additional customers and sales markets.
17.08.2017 Plasteurope.com [237622-0]
Published on 17.08.2017
Plax Group: Kauf des italienischen K-Verarbeiters MeccanicaGerman 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: 25.11.2024 10:38:47   (Ref: 524416959)
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