The acquisition of MB Barter & Trading (MBT; Zug / Switzerland; www.mbbarter.ch) by the holding company Rehau Verwaltungszentrale (Muri / Switzerland) has been successfully completed now that regulatory approval has been given. The agreement was signed in mid-September 2018 – see Plasteurope.com of 18.09.2018 – and MB's activities will now be gradually merged with those of Rehau (Rehau / Germany; www.rehau.de) and its subsidiary companies. In the first half of 2019, the two companies then intend to initiate a joint market launch under a new name, which will be announced at that point, says Rehau.

The new board of directors has already been announced, as has the new management team of the joint company. Thomas Endres, currently chairman of the board of MBT, will become a member of the board of the Rehau group, alongside Jobst Wagner, who is and will remain chairman of the board of directors. The management of the new company will consist of Stefan Girschik, CEO (formerly deputy CEO of the Rehau group), Philipp Endres deputy CEO (formerly CEO of MBT) and Marco Zahnd CFO (formerly CFO at Rehau).