Creating a new growth platform
Oerlikon signs agreement to acquire INglass, a global leader in high precision polymer flow control equipment, to accelerate expansion strategy in polymer processing market
INglass and its HRSflow Division is a market leader specialized in hot runner systems
Technology is highly complementary to Oerlikon s existing capabilities in polymer flow control and will expand Oerlikon s market access
Acquisition accelerates Oerlikon s strategy in diversifying its manmade fibers business to expand into the high-growth polymer processing solution market
Oerlikon renames Manmade Fibers Division to Polymer Processing Solutions
Acquisition is expected to be completed in the second quarter of 2021