ML GROUP
Acquisition of German distributor and trader CHG Thermoplast completed
Sabic’s polyolefins are part of the ML group’s portfolio (Photo: Sabic)
For an undisclosed sum, the ML group (Hamburg / Germany) has taken over distribution and trading company CHG Thermoplast (Berlin / Germany; www.chg-thermoplast.de) including all its employees with effect from 1 October 2019. The group plans to increase the sales team. Jürgen Lucius, the previous owner of CHG, will continue to manage operational activities.

CHG has distributed and traded polymer materials, masterbatches and compounds for over 35 years. “This acquisition is a further part of our growth strategy. CHG complements our existing product and supplier portfolio for standard and engineering plastics,” said Dietmar Meyer, CFO of the ML group, which includes trading company MLPlastics (Hamburg; www.mlplastics.de), a distributor of Sabic’s polyolefins, MLPolymer (Hamburg; www.mlpolymer.de) and distribution and trading company Frupack Plastic (Hamburg; www.frupack.de). ML has been active in the business for over 20 years, supplying its customers with engineering and standard plastics, compounds and masterbatches.
25.10.2019 Plasteurope.com [243744-0]
Published on 25.10.2019
ML-Gruppe: Distributeur übernimmt CHG ThermoplastGerman version of this article...

© 2001-2020 Plasteurope.com  |  Imprint  |  Privacy

Plasteurope.com is a business information platform for the European plastics industry. It is part of KI Kunststoff Information and PIE Plastics Information Europe, one of the leading content providers for the European plastics industry. We offer daily updated business news and reports, in-depth market analysis, polymer prices and other services for the international plastics industry, including a suppliers guide, career opportunities, a trade name directory and videos.

News | Polymer Prices | Material Databases | Plastics Exchange | Suppliers Guide | Jobs | Trade Names | Videos | Associations & Institutions | Register | Advertising

PIE – Plastics Information Europe | KI – Kunststoff Information | KunststoffWeb | Plastics Material Exchange | Polyglobe | K-Profi
© 2001-2020 by Plasteurope.com, Bad Homburg
Date of print: 06.04.2020 19:30:34   (Ref: 408184198)
Text and images are subject to copyright and other laws for protection of intellectual property.
Any duplication or distribution in any media as a whole or in parts requires prior written approval by Plasteurope. URL: http://www.plasteurope.com/news/detail.asp