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

Private equity firm buys majority share of truck accessory maker

July 31, 2014 10:30 am ET

A majority share of Ann Arbor, Mich.-based truck accessory manufacturer Tectum Holdings Inc. has been acquired by Boston-based private equity firm TA ...    More

Image

Impact-resistant window maker buys competitor for $111 million

July 31, 2014 3:07 pm ET

PGT Inc. is acquiring CGI Windows & Doors Holdings Inc. for $111 million as part of a plan to grow strategically by buying businesses with...    More

Buyer plans to sell former Hoover molding, assembly plants

July 31, 2014 2:06 pm ET

A former Hoover manufacturing plant with 150 injection machines in El Paso, Texas, and a nearby maquiladora plant in Juarez, Mexico, changed owners...    More

Image

North American robot sales set record

July 30, 2014 4:46 pm ET

The North American robotics sector is off to its fastest start ever, shattering last year's first-half record, with a first-half 2014 of 14,135...    More

Image

Castle Harlan buys landscape erosion control firm Tensar

July 30, 2014 3:46 pm ET

Private equity group Castle Harlan inc. has acquired Atlanta-based Tensar Corp., with plans for the geosynthetic products maker and its subsidiaries t...    More

Market Reports

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

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

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