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Oerlikon Signs Agreement To Acquire High Precision Polymer Flow Control Equipment Supplier INglass

Oerlikon Signs Agreement To Acquire High Precision Polymer Flow Control Equipment Supplier INglass
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Oerlikon Acquires INGlass and its HRSflow Hot Runner Business

Oerlikon (Pfaeffikon, Switzerland) has acquired INglass S.p.A. (Polo di Piave, Italy), including its HRSflow hot runner manufacturing business, in a deal the Swiss company says will accelerate the diversification of its manmade fibers business into plastics processing. Oerlikon has a flow control components business, featuring gear metering pumps for textiles and other industries, including automotive, chemical and paint markets. HRSflow will be integrated into this existing business to form the Oerlikon Flow Control Solutions Business Unit, which is part of the Oerlikon Polymer Processing Solutions Division. That unit was formerly knows as the Manmade Fibers division. The deal is expected to close in the second quarter of 2021.

Oerlikon acquiring INglass in hot-runner deal

Oerlikon acquiring INglass in hot-runner deal InGlass Swiss manufacturing giant OC Oerlikon Corp. AG is acquiring hot-runner maker INglass SpA of Italy for an undisclosed price. In an April 23 news release, officials with Oerlikon in Pfaeffikon, Switzerland, said that INglass and its HRSflow division are market leaders in hot-runner systems. They added that INglass s technology is highly complementary to Oerlikon s existing capabilities in polymer flow control and will expand Oerlikon s market access. Oerlikon officials also said that the acquisition, which is expected to be completed in the second quarter, accelerates Oerlikon s strategy in diversifying its man-made fibers business to expand into the high-growth polymer processing solution market.

OC Oerlikon Corporation AG: Oerlikon unterzeichnet Vertrag zur Übernahme von INglass, einem weltweit führenden Hersteller von hochpräzisen Polymer Heisskanalsystemen Akquisition beschleunigt Umsetzung der Expansionsstrategie im Bereich der Polymerverarbe

OC Oerlikon Corporation AG: Oerlikon unterzeichnet Vertrag zur Übernahme von INglass, einem weltweit führenden Hersteller von hochpräzisen Polymer Heisskanalsystemen Akquisition beschleunigt Umsetzung der Expansionsstrategie im Bereich der Polymerverarbe
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