Delfingen buys Hilec LLC

Published: October 11, 2012 6:00 am ET

Related to this story

Topics Mergers & Acquisitions

ANTEUIL, FRANCE (Oct. 11, 1 p.m. ET) – Delfingen Industry SA, a global supplier of electrical wiring protection systems, has purchased Hilec LLC. Terms were not disclosed.

Hilec makes coated fiberglass insulation sleeving and related products for use in electric motors, generators, transformers, appliances, lighting devices and wiring harnesses. The West Allis, Wis.-based company produces vinyl, acrylic, and silicone rubber coated sleeving as well as heat-cleaned glass and saturated grades. The products are used in a variety of UL insulation systems.

As a result of the deal, which was finalized Aug. 31, Hilec’s manufacturing activities will be transferred from its plant in Arcade, N.Y., into a Delfingen sleeving plant in nearby Niagara Falls, N.Y.

Delfingen, which is based in Anteuil, said the deal strengthens its expertise in textile sleeving and product development, and diversifies its automotive customer base.


Comments

Delfingen buys Hilec LLC

Published: October 11, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Accella buys IPS Polymer Systems

March 3, 2015 5:26 pm ET

Accella Performance Materials Inc. is acquiring IPS Polymer Systems Inc. to expand the firm's growing polyurethane operation.    More

Image

Coveris sees 'common culture' form after mergers, acquisitions

March 3, 2015 11:37 am ET

Coveris Holdings Corp. is a mega-rollup in packaging, a major international player, said Robert Larson, president of Coveris' Food and Consumer North ...    More

Image

Bayer expands with acquisition of Germany's Thermoplast Composite

March 3, 2015 10:59 am ET

Bayer AG's Bayer MaterialScience LLC has bought composite materials specialist Thermoplast Composite GmbH based near Nuremberg, Germany.    More

Image

Almost half of mid-market firms say they are looking to buy competitors

March 2, 2015 3:52 pm ET

There are steps that plastics business owners can take to keep the mergers and acquisitions parade rolling into 2015.    More

Image

Ferro acquires TherMark Holdings for $5.5 million

February 26, 2015 12:15 pm ET

Ferro Corp. said it acquired privately held TherMark Holdings Inc., a laser marking technology company, for $5.5 million in cash.    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

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

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

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

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

More Events