Pipe maker Fischer acquiring Schwab SCHAFFHAUSEN, SWITZERLAND — Swiss pipe manufacturer Georg Fischer AG is acquiring Schwab Sanitar-Plastic GmbH of Pfullingen, Germany.
Schwab injection molds construction and plumbing products including toilet tanks. The company employs 130 and has annual sales of 50 million deutsche marks ($26 million).
Schaffhausen-based Fischer said the union expands its line of products for the home-building industry. It also adds new markets to Fischer's global distribution network.
Fischer's products include pipe and fittings systems. It has sales of 600 million Swiss francs ($375 million) and employs 2,700.
Fentech expansion nears completion
SUPERIOR, WIS. — Fentech Inc. is nearing completion of a $1.4 million, 10,000-square-foot expansion to its current vinyl-window bending facility in Superior and will start bending vinyl doors by the beginning of the year.
The addition to the firm's existing, 30,000-square-foot site should be finished this month. The company is hiring 15-20 new employees as well, said Matthew Mirau, general sales manager.
Fentech, established in 1992, will begin by bending the vinyl windows to be installed over a hinged, double-door system. The firm plans to offer an arched door by mid-2000, he said.
Britton restructuring, moving headquarters
LONDON — Britton Group is restructuring, including a name change and headquarters move, with an aim of becoming a 500 million ($810 million) flexible packaging company.
The company had been known as Britton Group Plastics Ltd., and was based in London. The reorganized firm is based in Milton Keynes.
Britton Group was acquired by its managers in January 1998, in a buyout from ACX Technologies Inc. of Golden, Colo.
Britton Group operates seven manufacturing sites across Britain, employing 900. The company has annual sales of about $200 million.