Auto supplier Eissmann buys injection molder KTSN : comparem

Auto supplier Eissmann buys injection molder KTSN


Auto supplier Eissmann buys injection molder KTSN
Eissmann Group
From left: Eissmann CEO Wolfgang Braun; Claudia Eissmann, chairman of the advisory board; and Chief Financial Officer Sami Sagur.
Automotive supplier Eissmann Group purchased the European plants of insolvent Pirna, Germany-based injection molder and kinematic technology supplier Minda KTSN Plastic Solutions GmbH & Co. on Feb. 25.
KTSN filed for insolvency in June 2020. The company's products include gloveboxes, seat back panels, cup holders and other plastic components for the automotive industry. It has facilities in Germany, Poland and Mexico.
"This acquisition serves to expand our product lines at Eissmann," Wolfgang Braun, CEO of Eissmann, said in a March 1 news release. "In addition to our lamination products and services, we can also provide fully integrated kinematics and non-kinematics plastic parts for vehicle interiors."

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