Leading global auto interiors supplier Grupo Antolin is continuing to consolidate its international operations following the group's successful acquisition of the Magna International Inc. interiors business last year.
The Burgos, Spain-based group has taken steps to take full control of Silesia Plastic, the plastics injection molding business in southwest Poland that it owns jointly with another Spanish company, Industrias Alegre.
Silesia Plastic opened in 2006 as a 50-50 joint venture between the two Spanish firms to set up a molding base close to customers in the region. Production at the Silesia plant in the town of Strzelin, began on molded plastic components for the Ford B299 Fiesta project two years later.
Since then, it has manufactured parts for a series of car assembly projects for Peugeot Citroën, Volvo, Renault and Hyundai, as well as for Ford.
The 7,800-square-meter plant operates 31 injection mulding machines with clamping forces ranging from 100 to 1,200 metric tonnes. The firm employs a 280-strong workforce.
A merger plan for Antolin to acquire the 50 percent stake in Silesia Plastic held by family-owned Valencia-based Industrias Alegre was submitted to the German competition authority Bundeskartellamt in January.
The plan got the green light from the authority early in February.