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

Badger buys competitor Joseph Homa

September 17, 2014 4:04 pm ET

Badger Plug Co. has extended its protective plugs customer base by acquiring and closing a rival, Joseph Homa Consultants Inc. of Montreal.    More

Image

Flexibility for complexity key for Brampton

September 16, 2014 11:26 am ET

Blown film machinery maker Brampton Engineering Inc. is well positioned to meet growing demand for complex film structures, highly customized...    More

Image

US plastics machinery market still gaining strength in second quarter

September 15, 2014 5:01 pm ET

UPDATED — U.S. plastics machinery shipments in the second quarter continued to outperform activity in 2013, according to data from Society of...    More

Image

ZF finalizes deal to buy TRW, creating another global auto supply giant

September 15, 2014 1:09 pm ET

TRW Automotive Holdings, in a supply chain megadeal that has been in the works since mid-July, said Sept. 15 it has agreed to be acquired by German...    More

Image

Germany's Lehmann & Voss buys U.S.-based Performance Compounding

September 12, 2014 11:36 am ET

German compounding firm Lehmann & Voss & Co. KG has acquired Performance Compounding LLC for an undisclosed price.    More

Market Reports

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

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

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

Upcoming Plastics News Events

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

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

More Events