Delfingen acquires Chinese wiring business

By Frank Antosiewicz
Correspondent

Published: January 10, 2014 3:28 pm ET
Updated: January 10, 2014 3:32 pm ET

Related to this story

Topics Mergers & Acquisitions, Asia, Europe, Automotive, Industrial

Auto supplier Delfingen Industry SA has acquired the wiring protection business of China's, Tianhai Hengbang Hebi Rubber and Plastics.

Hengbang has a manufacturing plant in Hebi-Henan province and service plants near customers in Changchun, Chongquin, Jilin and Harbin. It has sales of $1.5 million Euros.

Delfingen, based in Anteuil, France, said in a news release that the purchase will allow it to gain market share with Chinese wiring manufacturers and automakers, as well boost its industrial and logistics presence.

Delfingen makes protective and fluid transfer systems, seat profiles and assembly technologies. It operates in 18 countries, with 1,600 employees worldwide. It had sales revenue of 122 million euros ($166.7 million) in 2012.


Comments

Delfingen acquires Chinese wiring business

By Frank Antosiewicz
Correspondent

Published: January 10, 2014 3:28 pm ET
Updated: January 10, 2014 3:32 pm ET

Post Your Comments


Back to story


More stories

Image

Coveris makes another flexible packaging buy

August 22, 2014 9:34 am ET

Coveris Holdings is continuing its rapid acquisition pace, this time picking up flexible print specialist Learoyd Packaging (Holdings) Ltd. to boost...    More

Image

Promens closing 2 German blow molding plants

August 22, 2014 9:54 am ET

Promens hf, the Icelandic packaging group, is planning to restructure its packaging operations in Germany with the closure of two blow molding plants ...    More

Image

German injection molders Metz-Werke and Inotech to collaborate

August 21, 2014 11:47 am ET

German injection molding companies Metz-Werke GmbH & Co. KG and Inotech Kunststofftechnik GmbH have announced that they have joined forces to bring...    More

Image

Inteplast expands in corrugated sheet with Coroplast deal

August 21, 2014 5:28 pm ET

Packaging major Inteplast Group has acquired its main competitor in corrugated plastic sheet, Coroplast Inc. Inteplast gets corrugated sheet plants...    More

Image

NanoHolding, Applied Nanotech merge to form PEN Inc.

August 21, 2014 4:44 pm ET

Nanotechnology firms NanoHolding Inc. and Applied Nanotech Holdings Inc. are merging to create PEN Inc., a publicly held firm whose product mix will i...    More

Market Reports

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

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

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