Recycling equipment maker NGR acquires majority stake in Dr. Collin

By Bill Bregar
Senior Staff Reporter

Published: February 28, 2014 2:34 pm ET
Updated: February 28, 2014 2:37 pm ET

Related to this story

Topics Mergers & Acquisitions, Recycling, Machinery

NGR Next Generation Recyclingmaschinen GmbH has acquired a majority stake in German specialty machinery maker Dr. Collin GmbH.

Dr. Collin produces a wide range of equipment, including laboratory and pilot-scale equipment for extrusion.

NGR, based in Feldkirchen, Austria, makes recycling equipment. Dr. Collin is in Ebersberg, Germany.

“If you look at the product lifecycle of plastic scrap, NRG has always been active in supporting the stages of product manufacture and recycling,” NGR CEO Josef Hochreiter said in a news release. “With the expertise of Collin we are expanding our capabilities in product design — an important stage in exploiting the full potential of plastics — and pointing the way toward effective use of finite resources.”

Terms of the deal were not disclosed.

The two companies will continue to operate independently. Heinrich Collin — the “Dr.” in Dr. Collin GmbH — will retain a minority interest. He will provide support to the company and his successor, Friedrich Kastner, who is the new CEO of Dr. Collin.

Dr. Collin’s product line includes pilot blown film lines, stretching lines that do machine-direction orientation (MDO) and transverse-direction orientation (TDO), equipment for spinning filaments, bench-top roll mills and film testing devices, twin-screw kneaders, pelletizers, pipe and extrusion lines for pipe, tubing and medical catheters.

According to Dr. Collin’s website, the company, founded in 1972, also has developed technology to produce specialty films for electronic and battery applications, as well as optical films for monitor screens.

Combined, NGR and Dr. Collins have more than 220 employees.


Comments

Recycling equipment maker NGR acquires majority stake in Dr. Collin

By Bill Bregar
Senior Staff Reporter

Published: February 28, 2014 2:34 pm ET
Updated: February 28, 2014 2:37 pm ET

Post Your Comments


Back to story


More stories

Image

Optical disc molder OEM getting into micromolding with acquisition of CDA

August 29, 2014 11:24 am ET

Optical disc replicator and molder Optical Experts Manufacturing Inc. of Charlotte, N.C., has expanded its core business and entered new high...    More

Image

Haitian's standardization efforts paying off

August 29, 2014 9:53 am ET

Streamlined design efforts and robust export sales helped propel Ningbo, China-based injection molding machine manufacturer Haitian International...    More

Image

American Starlinger-Sahm begins work on new US headquarters

August 29, 2014 10:18 am ET

American Starlinger-Sahm Inc., which sells equipment for woven plastic bag production, PET recycling equipment, sheet extrusion and laminating lines...    More

Polish injection molder Teknorubber up for sale

August 29, 2014 9:14 am ET

Polish plastic parts maker Teknorubber has been put up for sale following its insolvency filing in March 2014. The company is to be auctioned through ...    More

Image

Sidel opens training center in Mexico

August 29, 2014 9:00 am ET

Swiss machinery company Sidel Group has opened a new training center in Guadalajara, Mexico, featuring a virtual factory environment, augmented realit...    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