Lanxess buys Germany's Bond-Laminates

Published: September 12, 2012 6:00 am ET

Related to this story

Topics Materials, Mergers & Acquisitions, Suppliers, Automotive, Film & Sheet

LEVERKUSEN, GERMANY (Sept. 12, 11:45 a.m. ET) — Materials supplier Lanxess AG has purchased Bond-Laminates GmbH, a German company that supplies custom plastic composite sheets, including glass-fiber-reinforced sheet.

Leverkusen-based Lanxess said the deal strengthens its portfolio of lightweight materials for the automotive industry.

Terms were not disclosed.

Bond-Laminates is a 15-year-old company based in Brilon, Germany. The company employs about 80 and posted 2011 sales of 16 million euros ($20 million). The firm has worked with Lanxess since 2006 on automotive industry projects.

“We see tremendous potential for this composite technology as it spreads from the premium automotive segment to the wider market,” Lanxess Chairman Axel Heitmann said in a news release.

Bond-Laminates will be part of the Lanxess’ High Performance Materials business unit, headed by Michael Zobel.

High Performance Materials is part of the Performance Polymers segment, which generated 5.1 billion euros ($6.6 billion) in total sales in fiscal year 2011.


Comments

Lanxess buys Germany's Bond-Laminates

Published: September 12, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Oxford Polymers adds compounding capacity

January 30, 2015 1:16 pm ET

Materials maker Oxford Polymers has increased its compounding capacity by installing a new single-screw extrusion line.    More

Image

Marval's next generation expands capacity

January 30, 2015 1:27 pm ET

MAMARONECK, N.Y. — There’s a lot of history at Marval Industries Inc., but the 59-year-old compounding firm also is looking toward the...    More

Image

French investment firm buys Alabama-based CSP Technologies

January 30, 2015 1:10 pm ET

A French investment firm has finalized a deal to buy CSP Technologies Inc., an Auburn, Ala., company that makes specialty plastics packaging.    More

Image

Yizumi's stock price shoots up

January 30, 2015 11:56 am ET

Chinese injection press maker Guangdong Yizumi Precision Machinery Co. Ltd. has seen its stock price more than double in the first five trading days...    More

Image

Lubrizol buys Brazil-based coatings technology manufacturer

January 30, 2015 11:50 am ET

Specialty chemicals company Lubrizol Corp. of Wickliffe, Ohio, said it has acquired a Brazilian company that makes coatings technology for products us...    More

Market Reports

Plastics in Automotive: Innovation & Emerging Trends

This special report newly released by PN and sponsored by The Conair Group examines current trends in the use of plastics in automotive, materials innovations and the changing landscape. It includes a review of legislative/regulatory activity impacting vehicle development and lightweighting, market opportunities & challenges for mold and toolmakers, innovative design strategies being implemented by major OEMs and suppliers, as well as a review of key indicators in Canada, Mexico, Brazil and China.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Injection Molding Market Analysis & Processor Rankings

Plastics News BUNDLED package contains our in-depth Market Analysis of the Injection Molding segment. You will gain keen insight on current trends and our economic outlook.

As a BONUS this includes PN's updated 2014 database of North American Injection Molders RANKED by sales volume. Sort, merge, mail & prospect by end market, materials processed, region, # of plants and more.

Learn more

Upcoming Plastics News Events

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events