Dec 16 2010
The management and shareholders of Plasticon Europe BV, Oldenzaal (Netherlands), and AC Plastiques Canada (1992) Inc wish to announce that agreement has been reached on the acquisition of AC Plastiques Canada (1992) Inc. by Plasticon Europe BV. AAC Capital Partners, which has a majority stake in Plasticon, fully supports the important strategic acquisition of AC Plastiques.
For Plasticon Europe BV this means an important step in the company’s growth strategy. With AC Plastiques the group will strengthen its position in its core business and explore markets where it currently has limited presence. Being part of the group, AC Plastiques will be able to offer a much wider product and service package to the market and profit from the synergy with the existing Plasticon Europe companies. AC Plastiques will remain an independent entity within the group operating under its current name, serving the North American market besides the power market that Plasticon North America will continue to service.
Plasticon Europe BV provides the chemical, water/wastewater, power generation and other process industries with integrated solutions for handling and containing critical fluids and gases. Plasticon Europe BV is Europe’s largest manufacturer of specialty engineered and corrosion resistant glass fibre reinforced plastic and dual laminate products.