Announced
Completed
Financials
Sources
Tags
Single Bidder
Domestic
Majority
Friendly
blow moulding
Acquisition
Completed
United Kingdom
Plastics
Private
Synopsis
Mergon Group, a plastic manufacturing company, completed the acquisition of Weltonhurst, a supplier of technical blow moulded components. Financial terms were not disclosed. “The acquisition of Weltonhurst represents a considerable strategic expansion of Mergon’s operations and footprint internationally. Operating in the UK will both safeguard seamless service for our UK customers following Brexit and will enhance our capabilities in large part, small volume moulding. We are excited to have the opportunity to extend our services and processes to a new host of UK customers, while also being able to rely on Weltonhurst’s world-class facilities to enhance the design and manufacturing capabilities that we can offer to our existing customers. We have ambitious plans to grow our industrial division in the areas of traffic management and packaging products, and this acquisition gives us the springboard to launch that initiative,” Pat Beirne, Mergon CEO.
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