K.D. FEDDERSEN
Acquisition of Norwegian machinery supplier Protec Scandinavia
The Scandinavian trading company carries machinery from well-known manufacturers (Photo: Protec Scandinavia)
German distributor K.D. Feddersen (Hamburg; www.kdfeddersen.com) has acquired a 75% equity stake in Norwegian machinery supplier Protec Scandinavia (Trondheim; www.protecscandinavia.no) as well as the entire shareholding in Protec Scandinavia Sweden (Östhammar / Sweden) from Pemel Holding (Trondheim / Norway) with effect from 14 July 2020. Financial terms of the acquisitions were not disclosed.

The deal, said Feddersen, further expands its regional presence in Northern Europe, also serving the Norwegian market as an independent company with its own sales structure. Protec Scandinavia’s portfolio will be expanded to include engineering plastics, and the Swedish arm will be integrated into K.D. Feddersen Norden, the German group added.
25.08.2020 Plasteurope.com [245794-0]
Published on 25.08.2020
K.D. Feddersen: Distributeur übernimmt MaschinenhändlerGerman version of this article...

© 2001-2020 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
© 2001-2020 by Plasteurope.com, Bad Homburg
Date of print: 22.10.2020 00:32:19   (Ref: 10258028)
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