INDUTRADE
Swedish investor acquires UK plastic ventilation producer Verplas
Swedish investment group Indutrade (Kista; www.indutrade.se/en) announced in late November it had purchased UK plastic ventilation products manufacturer Verplas (Dorset; www.verplas.co.uk). Financial details of the deal have not been disclosed. Indutrade did say, however, that the UK group – which last posted sales of about GBP 8m (EUR 9.58m) – has become part of its Special Products division.
A producer and distributor of rigid and flexible ventilation products, the Verplas acquisition "strengthens our position in the UK, which is important for us," said Indutrade CEO Johnny Alvarsson. The UK company’s main markets are locally and across the EU.
A producer and distributor of rigid and flexible ventilation products, the Verplas acquisition "strengthens our position in the UK, which is important for us," said Indutrade CEO Johnny Alvarsson. The UK company’s main markets are locally and across the EU.
27.11.2013 Plasteurope.com [226899-0]
Published on 27.11.2013
German version of this article...