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Menzolit snapped up by equity investor

Thermoset plastics processor Menzolit Compounds International (Heidelberg, Germany) has been sold by its insolvent parent company, automotive systems supplier Plastal, to equity investment firm All-Finanz (Freising, Germany). The sale was completed on April 20, 2009 but only announced April 23.

PlasticsToday Staff

April 24, 2009

1 Min Read
Menzolit snapped up by equity investor

Plastal filed for insolvency in March 2009 in Sweden, which slowed but clearly didn’t stop the negotiations already in motion for Menzolit’s sale. Menzolit has five processing facilities with one each in France, Italy, Spain, the U.K., and one opened last year in China. The company is best known for processing of thermoset compounds such as sheet molding compound (SMC) and bulk molding compound (BMC) for customers in the automotive industry, although at last month’s JEC composites trade show in Paris, the development of a process to incorporate thin heating wires into SMC to make integrally molded heated trays or heating elements was announced. [email protected]

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