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

Faurecia Seating grows in Kentucky

September 12, 2014 12:00 pm ET

Faurecia Seating LLC, a division of French-based Faurecia SA, will build a new manufacturing facility in Simpsonville, Ky.    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

Image

Zotefoams expanding US production

September 12, 2014 10:50 am ET

Zotefoams plc, a British maker of specialty foams, has placed nearly 4 million shares on the market order to raise 8.4 million pounds ($13.6 million) ...    More

Image

Behr-Hella set to open Bulgarian auto parts plant

September 12, 2014 10:20 am ET

German automotive components manufacturer Behr-Hella Thermocontrol (BHTC) is set to launch a new 22 million euro ($28.4 million) vehicle air...    More

Image

ATS goes global with acquisition of M+W Process Automation

September 10, 2014 2:49 pm ET

ATS Automation Tooling Systems Inc., a maker of factory automation systems in Cambridge, Ontario, has agreed to buy a German company M+W Process Autom...    More

Market Reports

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

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

Upcoming Plastics News Events

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

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

More Events