Jacob Plastics rescued by HBW-Gubesch acquisition

David Vink

Published: October 11, 2012 6:00 am ET

Related to this story

Topics Mergers & Acquisitions, Injection Molding, Thermoforming, Molds/Tooling

COLOGNE, GERMANY (Oct. 11, 1 p.m. ET) — The future of Germany’s Jacob Plastics Group looks more secure now that it has been acquired by HBW-Gubesch Kunststoff Engineering GmbH, R&D director Marcus Schuck said at a European Plastics News conference earlier this week.

Wilhalmsdorf, Germany-based Jacob had applied for insolvency in January.

HBW-Gubesch has acquired the entire Jacob Plastics group, including Jacob Kunststofftechnik GmbH, Jacob Deco Molding GmbH, Jacob Composite GmbH and Jacob Industrieformen (mold making) subsidiary companies.

At the Decorative Automotive Plastics conference, which took place in Cologne on Oct. 9, Schuck presented a paper covering not only the Multi-decomolding process developed by Jacob Plastics, but also the IMD-Pro and newer IMD Multi-K decorative injection molding processes developed by Wilhelmsdorf , Germany-based HBW-Gubesch.

These processes, now provided by the newly formed HBW-Gubesch subsidiary — HBW-Gubesch Thermoforming — have different cost and performance features, he said.

Asked about the prospects for lightweight selectively reinforced thermoplastic composite solutions, such as the FIT-Hybrid solution with the LKT plastics processing institute at Erlangen, Schuck told European Plastics News that this was still unclear.


Comments

Jacob Plastics rescued by HBW-Gubesch acquisition

David Vink

Published: October 11, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Coveris makes another flexible packaging buy

August 22, 2014 9:34 am ET

Coveris Holdings is continuing its rapid acquisition pace, this time picking up flexible print specialist Learoyd Packaging (Holdings) Ltd. to boost...    More

Image

Westminster Tool creates academy to find, train future toolmakers

August 22, 2014 2:06 pm ET

Westminster Tool Inc. begins its own Westminster Academy to find and train skilled employees.    More

Image

Prosthetic arm concept wins in student thermoforming competition

August 22, 2014 1:56 pm ET

Pressure forming company Freetech Plastics Inc. has returned with its annual Student Thermoformed Part Competition, intended to expand the exposure...    More

Image

Making the most of complexity

August 22, 2014 1:02 pm ET

In the global market for injection molded parts, custom molders have tried a million different ways to differentiate themselves from the pack. Make...    More

Image

German injection molders Metz-Werke and Inotech to collaborate

August 21, 2014 11:47 am ET

German injection molding companies Metz-Werke GmbH & Co. KG and Inotech Kunststofftechnik GmbH have announced that they have joined forces to bring th...    More

Market Reports

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

January 14, 2015 - January 14, 2015Plastics in Automotive

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

More Events