July 4, 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.