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2010 film extrusion M&A: EDI, battenfeld-cincinnati, Macro, Reifenhäuser Kiefel, Brückner, and Gloucester
In addition to continued impact from deals consummated in 2009, 2010 brought a new round of deals in the film market, particularly among suppliers. With less than a week left in the year, extrusion and coating dies manufacturer Extrusion Dies Industries LLC was sold to private equity firm, Bertram Capital.
Tony Deligio
December 27, 2010
1 Min Read
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. In November, Macro Engineering was sold by its founder, Mirek Planeta, to DXS International Enterprises Inc., a Canadian corporation owned by the publicly traded Chinese company, Dalian Rubber & Plastics Machinery Co. Ltd. In June, the 2009 combination of Reifenhäuser and Kiefel announced its first joint project, the Evolution line. In April, Battenfeld Extrusionstechnik (BEX; Bad Oeynhausen, Germany), Cincinnati Extrusion (Vienna, Austria), and B+C Extrusion Systems (Foshan, China) Ltd. announced that they would combine to form a new company called battenfeld-cincinnati. That same month, Gloucester Engineering Corp. filed for Chapter 11, while in July, the Brückner Group announced expansion plans. —Tony Deligio
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