Freudenberg buys stake in Schneegans

Published: October 15, 2012 6:00 am ET

Related to this story

Topics Automotive, Mergers & Acquisitions, Injection Molding

WEINHEIM, GERMANY (Oct. 15, 4 p.m. ET) — Freudenberg Sealing Technologies is acquiring 50 percent of the shares of the Schneegans Group. The company, which will be renamed Schneegans Freudenberg, has production facilities in Emmerich, Germany, and Losenstein, Austria.

Schneegans has a multi-component injection molding technology aimed mainly at thermoplastics that also operates with some elastomeric components.

The multi-component injection molding production method developed by Schneegans GmbH enables the manufacture of sophisticated thermoplastic seal components, such as components for automotive engine compartments, in only a few processing steps.

The joint venture’s product range includes housing covers with integrated seals for water pumps and automatic transmissions, as well as oil dipsticks with all sealing functions and a large selection of functional components, which are integrated in the seal using the multi-component injection molding process.


Comments

Freudenberg buys stake in Schneegans

Published: October 15, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Louisiana molder expands into former Yoo-hoo bottling plant

October 31, 2014 1:51 pm ET

Noble Plastics Inc. plans to expand its manufacturing capabilities with the purchase of a former Yoo-hoo bottling plant in Opelousas, La., eight...    More

Image

Arburg inks training pact with Taiwan's Ming Chi University

October 31, 2014 2:24 pm ET

German injection molding press maker Arburg GmbH + Co. KG announced this week that it has inked a cooperative deal with Taiwan's Ming Chi University...    More

Image

Hong Kong injection molding equipment maker enters US market

October 31, 2014 1:39 pm ET

Hong Kong-based L.K. Technology Holdings Ltd. is entering the North American plastics processing market with a line of its eXcel injection molding...    More

Image

Finalists named for 2014 SPE Automotive Innovation Awards

October 30, 2014 11:00 am ET

The Society of Plastics Engineers Automotive Division has selected finalists for its 2014 Automotive Innovation Awards competition. Category winners...    More

Auto supplier receiving grant to help expansion

October 30, 2014 3:35 pm ET

Summit Polymers is receiving an $800,000 performance based grant to help with a $7.3 million expansion of three of its Michigan facilities.    More

Market Reports

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 million dollar 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

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Upcoming Plastics News Events

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

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

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events