Optical disc molder OEM getting into micromolding with acquisition of CDA

By Michael Lauzon
Correspondent

Published: August 29, 2014 11:24 am ET
Updated: August 29, 2014 2:15 pm ET

Related to this story

Topics Mergers & Acquisitions, United States, Europe, Insert molding

Optical disc replicator and molder Optical Experts Manufacturing Inc. of Charlotte, N.C., has expanded its core business and entered new high technology markets by acquiring a German company.

OEM bought CDA GmbH, a Suhl, Germany, optical disc molder with a stake in emerging markets such as micro molding, as well as production of flash memory drives for a range of industries. OEM announced the deal Aug. 19, but did not disclose terms.

OEM Chief Executive Officer Ray Zerrusen said in a news release that CDA will help his firm immediately enter new technologies in automotive, medical and other markets.

CDA replicates and molds compact discs, digital video discs and Blu-Ray discs and makes USB flash drives. Of particular interest to OEM are CDA’s ventures in micromolding of specialty optical components and “laboratories on a chip” that rapidly perform medical diagnostics. The company injection molds polycarbonate, acrylic, cyclic olefin and other materials to make some of the products, although it also employs other manufacturing techniques for various products.

OEM stressed it will continue in its core business of optical discs and will be able to expand in those markets in Europe by capitalizing on CDA’s distribution network on the continent.

CDA’s CEO Frank Hartwig and managing director Nicolaus Hettler will head OEM’s European operations.

CDA is one of the largest independent producers of optical discs in Europe and has recently become a major replicator of chip-based storage devices in the auto market, according to OEM. It has established itself as a manufacturer of components with micro structures, including promising markets for sensors that aid prosthetic movement and a range of plastics-based micro optic products such as diffractive and Fresnel components.


Comments

Optical disc molder OEM getting into micromolding with acquisition of CDA

By Michael Lauzon
Correspondent

Published: August 29, 2014 11:24 am ET
Updated: August 29, 2014 2:15 pm ET

Post Your Comments


Back to story


More stories

Image

Ferro acquires TherMark Holdings for $5.5 million

February 26, 2015 12:15 pm ET

Ferro Corp. said it acquired privately held TherMark Holdings Inc., a laser marking technology company, for $5.5 million in cash.    More

Image

UK composites firm taking a global approach

February 26, 2015 11:46 am ET

MCL Group Industries Ltd., the Staffordshire, England-based composites manufacturer, has announced plans to export worldwide for the first time.    More

Image

Serbia puts Krušik-Plastika up for sale

February 26, 2015 11:39 am ET

The Serbian Privatization Agency has launched the privatization process for local plastics maker Krušik-Plastika. The agency says it is...    More

Image

3i to sell specialty chemicals company Azelis to Apax Partners

February 26, 2015 11:36 am ET

Azelis Holding SA, the specialty chemicals distributor, is being sold by its private equity owners 3i Group plc to another private investment outfit, ...    More

Image

Amut buys Dolci and Bielloni

February 25, 2015 3:41 pm ET

Amut SpA, the Novara, Italy-based maker of extruders, thermoforming machines and plastics recycling equipment, has acquired the Italian company that m...    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events