HIG Capital-backed Plixxent completed the acquisition of MRi Polytech.

HIG Capital-backed Plixxent, an independent polyurethane systems house, completed the acquisition of MRi Polytech, a British producer of polyurethane systems focusing on outdoor systems. Financial terms were not disclosed. “MRi’s development in the past years has been impressive. With their broad expertise in complex polyurethane solutions and their in-depth market understanding, MRi has built a strong and sustainable market position. We are delighted that MRi Polytech is now part of Plixxent and look forward to continuing our growth trajectory together. This acquisition significantly strengthens Plixxent’s position as leading independent supplier of polyurethane-based solutions in Europe,” Jorg Schottek, Plixxent CEO.