PRM ROTOMOLDING
Sweden's Xano buys Dutch PRM Rotomoulding / Reinforcement for Cipax and Blowtech
From now on, part of Xano: the company from Rijssen with the largest rotational moulding plant in Western Europe (Photo: PRM) |
Dutch rotational moulder PRM Rotomoulding (Rijssen; www.prmrotomoulding.nl) is now part of the Xano Group (Jönköping / Sweden; www.xano.se). The stock market-listed industrial holding company took over PRM, which claims to own the largest rotational moulding plant in Western Europe, with a diameter of 6.5 m, for an undisclosed price.
PRM employs around 40 people and manufactures storage tanks and protective hoods for the agricultural sector, large tanks for the chemical industry, and mobile toilet systems for the events sector. The company most recently reported annual sales of EUR 11m. Douwe Wolters, who was appointed managing director of PRM last year, will continue to head the company.
At Xano, the rotational moulder will become part of the Industrial Products segment. There, the long-term oriented industrial holding also manages other companies from the plastics industry, namely another rotational moulding firm, Cipax (Bjørkelangen / Norway; www.cipax.com), a blow moulding specialist, Blowtech (Gnosjö / Sweden; www.blowtechgroup.com) with two plants in Sweden and Norway, and injection moulding group Ackurat (Lammhult / Sweden; www.ackurat.se), which has production facilities in Sweden, Finland and Poland. Combined sales of the companies in this segment – including PRM – amount to the equivalent of around EUR 72m.
PRM employs around 40 people and manufactures storage tanks and protective hoods for the agricultural sector, large tanks for the chemical industry, and mobile toilet systems for the events sector. The company most recently reported annual sales of EUR 11m. Douwe Wolters, who was appointed managing director of PRM last year, will continue to head the company.
At Xano, the rotational moulder will become part of the Industrial Products segment. There, the long-term oriented industrial holding also manages other companies from the plastics industry, namely another rotational moulding firm, Cipax (Bjørkelangen / Norway; www.cipax.com), a blow moulding specialist, Blowtech (Gnosjö / Sweden; www.blowtechgroup.com) with two plants in Sweden and Norway, and injection moulding group Ackurat (Lammhult / Sweden; www.ackurat.se), which has production facilities in Sweden, Finland and Poland. Combined sales of the companies in this segment – including PRM – amount to the equivalent of around EUR 72m.
22.11.2021 Plasteurope.com [249035-0]
Published on 22.11.2021