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HP Chemie Pelzer to be acquired by Collins & Aikman?
HP Chemie Pelzer (www.pelzer.de, Witten, Germany) is to be acquired by Collins & Aikman (www.colaik.com, Troy, Michigan / USA), according to reports from the US automotive supply sector. Pelzer's management has confirmed discussions about a "strategic cooperation" with Collins & Aikman and its chief investor, Heartland Industrial Partners (www.heartlandpartners.com), but up to now has insisted that it is also talking to other possible partners.
18.09.2002 Plasteurope.com [15603]
Published on 18.09.2002