Barlo Plastics Europe N.V. is adding multiwall polycarbonate sheet to its growing product portfolio with its acquisition of French extruder Celair Technologies SA.
Barlo also is restructuring another part of its plastics business, forming a new subsidiary and also selling a related business to British Polythene Industries plc.
Barlo Plastics of Geel, Belgium, a subsidiary of Dublin, Ireland-based Barlo Group, will pay 30 million French francs ($5.19 million) cash for Celair. The company's plant is in Moussey, near Strasbourg and close to Barlo Plastics facilities in Mainz, Germany, and Geel.
Celair, which Barlo said was profitable, employs 35. More than 70 percent of its output is exported outside France.
Multiwall PC is used in many of the same applications as solid PC but has additional benefits through its insulating properties. It is used widely in industrial, agricultural and domestic applications such as roof lights and conservatories.
Barlo already produces materials including extruded and cast acrylic, polystyrene, glycol-modified PET and styrene acrylonitrile sheet.
The new subsidiary, Barlo Packaging Ltd., will include the former Sealcon Ltd. polypropylene dairy container thermoforming operation, plus the PP strapping business of Irish Ropes Ltd.
Both units currently are based in Newbridge, Ireland, but will be relocated to a single new plant nearby.
Meantime, Barlo sold its Irish Ropes' polyethylene film and PP baler twine and rope business to British Polythene. The Greenock, Scotland, company paid $4.4 million for rights to the products, which will become part of its recycled products division.
Barlo closed the rope- and twine-making unit at the end of January, with a loss of 40 jobs. The company intends to sell the plant and equipment.