NEWSLETTER HEXPOL:s acquisition of Horst Müller Kunststoffe has been completed Dear Reader, 2011 was the best year for the HEXPOL Group - so far. We had strong growth, improved margins and in addition we han- dled our working capital well. In this issue of the HEXPOL Newsletter you can read about Urban’s - our CFO - comments around our result at a investors/analysts meeting in Stockholm. You can also read about our latest acquisi- tion, Horst Müller Kunststoffe in Lichtenfels Germany. It is a very nice, well managed and well invested company with very competent people and gives us a strong european position for TPE Compounding. I am very happy to welcome all Muller Kunststoffe people to the HEXPOL family. Pleasant reading! Best regards, Georg Brunstam, President and CEO Horst Müller Kunststoffe is a leading Central European developer and manufacturer of thermoplastic elastomer compounds (TPE Compounding) with two production units in Lichtenfels, Germany. The estimated annual turnover is approx- imately 46 MEUR and the company has around 90 employees. Müller Kunststoffe has a strong and experi- enced team, led by the Managing Director Mr. Georg Ender. ”The acquisition constitutes yet another step in our ambition to broaden our product range within our Compounding business area” says HEXPOL’s CEO Georg Brunstam. “The market for TPE compounding is undergo- ing great growth with inter- esting and increasing customer applica- tions within the field of medical, con- sumer, general industry and automotive. Müller Kunststoffe perfectly comple- ments our European TPE compounding operations where we already have units in the UK and Sweden. We are also right now building a manufacturing plant in southern China for TPE compounding. Müller Kunststoffe is a well-established and well-managed company with strong management and a strong brand.” Müller Kunststoffe was consolidated as of January 2012 and is now a part of the business area HEXPOL Compounding. We wish to welcome all the people from Müller Kunststoffe to the HEXPOL Group and the HEXPOL family! Message from the CEO... NO. 10 SPRING 2012
4
Embed
NEWSLETTER - HEXPOL · “The market for TPE compounding is undergo-ing great growth with inter-esting and increasing customer applica - tions within the field of medical, con - sumer,
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
NEWSLETTER
HEXPOL:s acquisition of HorstMüller Kunststoffe hasbeen completed
Dear Reader,
2011 was the best year for the HEXPOL
Group - so far. We had strong growth,
improved margins and in addition we han-
dled our working capital well.
In this issue of the HEXPOL Newsletter
you can read about Urban’s - our CFO -comments around our result at a
investors/analysts meeting in Stockholm.
You can also read about our latest acquisi-
tion, Horst Müller Kunststoffe in
Lichtenfels Germany. It is a very nice, well
managed and well invested company with
very competent people and gives us a
strong european position for TPE
Compounding. I am very happy to welcome
all Muller Kunststoffe people to the
HEXPOL family.
Pleasant reading!
Best regards,
Georg Brunstam, President and CEO
Horst Müller Kunststoffe is a
leading Central European developer
and manufacturer of thermoplastic
elastomer compounds (TPE
Compounding) with two production
units in Lichtenfels, Germany. The
estimated annual turnover is approx-
imately 46 MEUR and the company
has around 90 employees. Müller
Kunststoffe has a strong and experi-
enced team, led by the Managing
Director Mr. Georg Ender.
”The acquisition constitutes yet
another step in our ambition to
broaden our product range within
our Compounding business area”
says HEXPOL’s CEO Georg
Brunstam. “The market for
TPE compounding is undergo-
ing great growth with inter-
esting and increasing customer applica-
tions within the field of medical, con-
sumer, general industry and automotive.
Müller Kunststoffe perfectly comple-
ments our European TPE compounding
operations where we already have units
in the UK and Sweden. We are also right
now building a manufacturing plant in
southern China for TPE compounding.
Müller Kunststoffe is a well-established
and well-managed company with strong
management and a strong brand.”
Müller Kunststoffe was consolidated as
of January 2012 and is now a part of the
business area HEXPOL Compounding.
We wish to welcome all the people from
Müller Kunststoffe to the HEXPOL
Group and the HEXPOL family!
Message fromthe CEO...
NO. 10 SPRING 2012
Dominic PhilpotDominic Philpot, formerBusiness Manager atELASTO UK Ltd, hasbeen appointedManaging Director atELASTO UK Ltd.
New appointments
Shannon SmithShannon Smith, for-mer ManagingDirector at HEXPOLCompounding NorthCarolina, is appointednew General Manager
at HEXPOL - Colonial Rubber Works inDyersburg, US.
Kjell FagerströmKjell Fagerström, formerBusiness Manager atELASTO Sweden AB,has been appointedManaging Director atELASTO Sweden AB.
René HerbietRené Herbiet isappointed ManagingDirector at HEXPOLCompounding Sprl(Belgium) and HEXPOLCompounding GmbH
(Germany). He comes from a position asHead of Product Development andApplication Technology at MartinswerkGmbH.
Welcome to HEXPOL Group - What is
your first reaction?
I'm very pleased that the HEXPOL Group
has expressed its interest in Müller
Kunststoffe and has finally taken over
this company. We are convinced that this
was the best solution for HMK and this
gives us confidence that the company can
continue to grow and invest in capacity
expansion.
HEXPOL is a decentralized company
and will of course keep the Müller
Kunststoffe name and all the brands.
Where do you see the synergies to the
HEXPOL Group?
With HEXPOL we do have a strong
partner who is operating globally.
Certainly purchasing synergies can be
formed between ELASTO and HMK.
Furthermore, synergies in the develop-
ment of new TPE applications can be built
up. Specialties of each TPE manufacturer
can now be used widespread by everybody.
Where do you see the biggest
possibilities for the future?
Many of our customers have several pro-
duction facilities worldwide. The expan-
sion of TPE production to China and after-
wards to US will give us the possibilities
to advance the customer service on-site.
Long transport distances can also be elim-
inated.
What are your main objectives for
Müller Kunststoffe in 2012?
Our benefits are short delivery times,
good service and fast performance in
development for our customers. We aim on
further improvement of these advantages
in 2012. We intend to put some new prod-
uct groups on the market, which will
entail improved profitability of HKM.
Interview with Georg EnderManaging Director at Horst MüllerKunststoffe – our latest acquisition
CEO visits Mexican plant In the beginning of January HEXPOL´sPresident and CEO, Georg Brunstam, vis-
HEXPOL Compounding MexicoAV. Japon # 302Parque Industrial San FransiscoSan Francisco de Los Romo,Ags. CP 20304, MexicoTel: +52 449 139 3270Fax: +52 449 139 [email protected]