MOLECOR
Spanish pipe maker seals Adequa deal / Acquisition set to triple firm's turnover
The acquisition expands Molecor’s piping product portfolio (Photo: Adequa)
Spain-based PVC pipe manufacturer Molecor (Madrid; www.molecor.com) has completed its acquisition of the production facility of fellow Spanish pipe producer Uralita Sistemas de Tuberias, formerly Adequa.

Molecor said the deal, terms of which were not disclosed, would triple its estimated EUR 34m annual turnover in Spain, and that by buying Adequa it would be adding three manufacturing centres to its existing two facilities, thus bolstering its product portfolio with piping for construction, drainage and sanitation markets.

Molecor uses its own stretching process called “molecular orientation”, which aligns the polymer molecules in the same direction as the piping is being stretched, to strengthen its products. Last year, private equity fund MCH (Madrid; www.mch.es) bought a majority stake in Molecor for an unspecified sum (see Plasteurope.com of 03.09.2020).
12.10.2021 Plasteurope.com [248746-0]
Published on 12.10.2021
Molecor: Erwerb der Produktionseinheit von AdequaGerman version of this article...

© 2001-2021 Plasteurope.com  |  Imprint  |  Privacy  |  Cookie settings

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
© 2001-2021 by Plasteurope.com, Bad Homburg
Date of print: 21.10.2021 06:40:46   (Ref: 105719637)
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