POINTERS
Hostaglas acquired by Arla Plast
Privately owned Swedish company Arla Plast AB (SE-590 30 Borensberg; www.arlaplast.se), a leading European supplier of extruded thermoplastic sheet, has acquired all assets of Dublin, Ireland-based Hostaglas Ltd. (www.hostaglas.de) from the German Hagedorn group (D-49078 Osnabrück; www.hagedorn.de). Hagedorn acquired the business in December 1998 from the now defunct Hoechst group. Hostaglas has annual production capacity of 4,000 t/y for PC and PET sheet. Its two extrusion lines are to be transferred to Borenberg. The acquisition will give Arla Plast 10 extruders, including seven for PC/PET and three for ABS/PO.
04.04.2002 Plasteurope.com [16117]
Published on 04.04.2002