Volume 50, Issue 5 - May 2015

Mergers&Aquisitions

Fenzi Group Expands Internationally with the Acquisition of Kadmar


The Italian company Fenzi, which participates in global industry trade shows such as glasstec above, has expanded its international presence with the recent acquisition of the Polish company Kadmar.


Southern Poland-based chemical company Kadmar, which offers a complete range of sealants, officially joined the Fenzi Group on March 1.

“The Kadmar manufacturing plant is very efficient, well-organized and productive, and its costings are competitive,” says Fenzi CEO Alessandro Fenzi. “From a chemical standpoint, the company’s products are appealing. I see great potential for development within our group and the Glass Alliance network.”

Andrzej Konieczny, president of Kadmar, says joining forces with the IG sealant producer ensures his company will benefit from long-term production and sales development. Meanwhile, the move adds a new production and sales unit for the Glass Alliance network, comprised of Fenzi, Alu-Pro and Rolltech.

According to a statement from Fenzi, “With a total of ten manufacturing units globally, two of which (Alupro Polska and Kadmar) are in Poland, the Glass Alliance further strengthens its product range with an even more complete array of insulating glass sealants.”

Bayer Expands into Composite Materials

Bayer MaterialScience (BMS) has expanded its stake in the composite materials market after concluding the takeover of Thermoplast Composite GmbH (TCG), headquartered in the southern German town of Langenfeld. TCG specializes in the production of thermoplastic fiber composites.

According to BMS, all employees will be retained and the plant’s production capacity will be expanded in the metropolitan region. Capacities in other regions will be added to better supply customers.

“We are seeing significant demand and growth opportunities for composites made from thermoplastic materials such as polycarbonate,” says Dr. Markus Steilemann, a member of the company’s executive committee and head of the polycarbonates business unit. “By getting into the development and production of the corresponding composites, we want to become one of the driving forces in this industry. We expect promising opportunities, above all in the IT, automotive and transportation industries, as well as in consumer goods, which would further strengthen our position.”


Chemetall Acquires All Shares in Shanghai Joint Venture

Chemetall, a business unit of Albemarle Corp., recently completed the
acquisition of all shares of its Shanghai Chemetall joint venture.

“We are committed to expanding our presence in China with one voice to the customer through our wholly owned organization,” says Joris Merckx, president, Chemetall. “As a specialist in surface treatment, we aim to offer absolutely the best in service along with the most innovative technologies and effectively address shifting market and customer needs.”


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