Unicor buys Canadian machine builder Adescor

Published: July 4, 2013 11:21 am ET
Updated: July 4, 2013 11:26 am ET

Related to this story

Topics Mergers & Acquisitions, Machinery, K 2013

Unicor GmbH, German manufacturer of pipe corrugating equipment, is expanding its operations to North America through the acquisition of Adescor Inc.

Exeter, Ontario-based Adescor makes and distributes downstream equipment for corrugated pipe extrusion lines, including saws, cutters and bell in-line trimmers.

According to Unicor, Adescor’s key market has been North America, and the two companies have a history of working together on some projects.

Unicor’s Tony Kime will become president of Adescor. The previous president, Bill Kime, will retire but be available as a consultant for the company.

Unicor expects the deal will help it reach customers in North America, by giving the company a base with which it can offer local service and support .

“As of now, we will add the Adescor-program to the Unicor range of products and offer them worldwide. Unicor’s managing director Klaus Kaufmann said in a news release.

Unicor will present the Adescor product line at its exhibition stand at the K show in Dusseldorf, Germany.

GAW Group Pildner-Steinburg Holding, a family-run industrial holding company based in Graz, Austria, bought Unicor in October.

 


Comments

Unicor buys Canadian machine builder Adescor

Published: July 4, 2013 11:21 am ET
Updated: July 4, 2013 11:26 am ET

Post Your Comments


Back to story


More stories

Image

Humanoid robot provides inspection service with a smile

October 17, 2014 6:00 am ET

Everyone knows robots can improve production and quality. But no one says they can't show a little personality while they're working.    More

Image

OnePlastics Group brand created to cover seven different plastics firms

October 17, 2014 9:48 am ET

A Dublin-based company is launching a new brand to unify its plastics businesses into a single entity called OnePlastics Group.    More

Image

PolyOne denies report it's bidding for Klöckner Pentaplast

October 16, 2014 11:44 am ET

UPDATED — Compounding leader PolyOne Corp. is denying a report that it bid as much as $2 billion for film and sheet major Klöckner Pentaplast...    More

Image

Pharmaceutic Litho & Label gets new private equity backing

October 15, 2014 2:41 pm ET

Ironwood Capital is making an investment in Pharmaceutic Litho & Label Co. Inc. in conjunction with an investment by Saugatuck Capital Co.    More

Image

Arburg starts taking orders for Freeformer

October 15, 2014 12:52 pm ET

FRIEDRICHSHAFEN, GERMANY — For fans of 3-D printing, Fakuma 2014 marks an important date: Arburg is taking German orders for the Freeformer.    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

More Events