Tessenderlo acquire BT Bautechnik Group

Tessenderlo to acquire BT Bautechnik Group

1:57 AM, 9th September 2011
Tessenderlo to acquire BT Bautechnik Group
Albert Vasseur, Director of Plastics Converting, Tessenderlo.

 

BRUSSELS, BELGIUM: Tessenderlo Group has signed an agreement to acquire the BT Bautechnik Group, which includes BT Impex GmbH and BTH Fitting KFT. BT has built a strong position by manufacturing and supplying fittings for a broad customer base in the European plastic pipe industry from its production sites in Germany and Hungary. BT generated approximately 20 million revenue in 2010 and has 125 employees. This transaction is subject to regulatory approval in Germany. Terms of the agreement were not disclosed.

BT offers a large range of premium fittings, especially large diametre polyvinyl chloride and polypropylene fittings, based on core injection-moulding technology.

“BT has been a trusted supplier to us for many years. Adding BT’s activities to ours will provide an enlarged product portfolio to our customers, create a stronger presence in Central and Eastern Europe and enhance our storm water management offering,” said Albert Vasseur, Director of Plastics Converting, Tessenderlo.

(C) WOC News

 

0 Comments

Login

Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News


Mosaic gets patent approval for Nexfos, ready for commercial launch

  PLYMOUTH, US: Mosaic Company recently received patent approval for Nexfos, a granulated feed-grade monodicalcium phosphate for use in animal a ...

Read more
Haldor Topsoe focuses on expansion in China, appoints new MD

  LYNGBY, DENMARK: Haldor Topsoe has appointed Per Bakkerud as new Managing Director for the subsidiary in Beijing. To strengthen business in Ch ...

Read more
UOP licenses Oleflex technology for petrochemical production in China

  DES PLAINES, US: UOP LLC, a Honeywell company, will provide Fujian Meide Petrochemical Co Ltd, with key technology to help meet the growing Ch ...

Read more
Mitsui Chemicals opens new R&D centre in Singapore

  TOKYO, JAPAN: Mitsui Chemicals Inc will hold an opening ceremony, starting its Mitsui Chemicals Singapore research & development centre (M ...

Read more
Lanxess expands thionyl chloride capacities in India

  MUMBAI, INDIA: Lanxess will invest to increase production of thionyl chloride by 20 per cent at its plant in Nagda, Madhya Pradesh, India. The ...

Read more
BASF, Quantiam form catalytic coatings business

  LUDWIGSHAFEN, GERMANY: BASF has formed a new start-up business with Alberta, Canada-based manufacturing technology firm Quantiam Technologies, ...

Read more
www.worldofchemicals.com uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X