Reifenhauser buys screw-maker Westland

By Bill Bregar
Senior Staff Reporter

Published: December 12, 2012 6:00 am ET

Related to this story

Topics Mergers & Acquisitions, Machinery, Molds/Tooling

WICHITA, KAN. (Dec. 12, 3:20 p.m. ET) — Germany-based Reifenhäuser Group, which makes screw and barrels at its Reiloy Metall GmbH division, has purchased Westland Corp. of Wichita, Kan. — its first production in North America.

Reifenhäuser, of Troisdorf, Germany, bought Westland from its president and owner, Dave Larson, in a deal announced Dec. 12.

Terms were not disclosed.

Effective immediately, the company is part of the Reifenhäuser Group, under the name Reiloy Westland Corp, as an independent unit of Reiloy Metall. Larson will continue to run the business as president of Reiloy Westland, remaining in Wichita, where Westland employs 48 people.

The two companies have worked together for seven years, when Westland began making bimetallic barrels from blanks supplied by Reiloy.

Interviewed by phone, Larson said Westland was not on the market. Reifenhäuser was looking to expand in North America and the German company approached Westland, he said.

Larson said joining the German company makes sense, given their past working relationship.

“We can now supply the U.S. market with larger quantities and at the same time, have additional resources for the future,” he said in a press release.

Thomas Porstner, head of the Reiloy global business unit, called the two companies “the perfect match.” In Germany, Reiloy has expertise in producing barrels with induction-heated centrifugal casing, and is the only screw and barrel maker that produces its own metal alloys, used for the surfacing of screw flights, he said.

Wichita brings U.S. screw and barrel production, and will serve as a center for North American engineering and service.

Reifenhäuser Group, a third-generation family-owned business now run by brothers Bernd, Klaus and Ulrich Reifenhäuser, has six business units, including blown and cast film and extrusion coating lines, sheet lines, machines to make strapping tapes and machines for the nonwoven industry. The company was founded in 1911.

Westland was founded in 1969, when Martin Davis, its former chairman, bought the tooling division of CAC Tool from McLinn Inc. The company changed its name to Westland in the late 1980s.

Larson became part owner in 1993. He took over managing the company in 1998 and later became president and sole owner.

The deal for Westland marks another ownership change at a U.S.-based screw and barrel maker. In mid-2012, Nordson Corp. of Westlake, Ohio, announced it was buying Xaloy Inc., the largest U.S. screw and barrel manufacturer. Xaloy’s headquarters is in New Castle, Pa.


Comments

Reifenhauser buys screw-maker Westland

By Bill Bregar
Senior Staff Reporter

Published: December 12, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

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...    More

Image

China to lead the way on robots

January 30, 2015 11:12 am ET

More industrial robots will be operating in China’s production plants than in the European Union or North America by 2017.    More

Image

Lund adds to aftermarket auto products portfolio with buy of Bushwacker

January 29, 2015 2:49 pm ET

Lund International Inc. has expanded its portfolio of plastic aftermarket vehicle accessories by acquiring Bushwacker Inc.    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