EuroWire January 2022

Corporate News

New centre for plastics research and development

lights, a closed-loop water system, and heat recovery systems with heat pumps, and meets the highest requirement in heat insulation. “The team’s ability to complete the build and successfully transfer of our manufacturing operations while in the midst of a pandemic is a true testament of their partnership and commitment to serving our customers in Europe,” said Suresh Swaminathan, president of Teknor Apex. “We are excited about our new laboratory, which serves as a hub of innovation, serving the region as a source of customised formulations, application development expertise and process optimisation.” Customers in Europe will also benefit from the global capabilities and experience of Teknor Apex, noted Jan Duyfjes, general manager Europe: “Teknor Apex

Teknor Apex has completed its new 50,000m 2 facility in Rothenburg ob der Tauber, Germany. The site increases the company’s manufacturing capacity of custom compounds, and establishes a new European centre of excellence for plastics research and development. The Rothenburg facility produces thermo- plastic elastomers (TPEs) and engineering thermoplastics (ETPs), ranging from general-purpose compounds to highly specialised formulations. An extensive laboratory will be used for developing newcompounds andproviding customers with design support, application develop- ment, and product and process training. The facility was built with a focus on environmental sustainability, and holds certification for ISO14001–Environmental Management and ISO 50001 – Energy Management. The plant utilises LED

The new Teknor Apex facility in Rothenburg ob der Tauber

has long served major markets such as automotive, electrical and electronics, and regulated applications such as food contact and medical, and it is a source of knowledge in matters such as regional and global regulatory compliance. With manufacturing operations in the USA, Europe and Asia, we can provide global support and supply stability to European customers with plants in multiple countries.” Teknor Apex www.teknorapex.com

Direct dialogue continues at wire and Tube 2022 trade shows

informally with name, company address, telephone number and email address to hgd@stahl-kommunikation.de Messe Düsseldorf GmbH www.wire.de Stahl-Kommunikation www.stahl-kommunikation.de

The ExpertMeeting, organised by Messe Düsseldorf and coordinated by Stahl- Kommunikation, will be held under the motto “The steel industry is forging ahead with its green transformation”. As the number of visitors will be limited for hygiene reasons, interested parties are advised to register early –

Over the coming year, Messe Düsseldorf will be offering exhibitors and visitors at both wire and Tube trade shows a wide range of innovations and highlights. Among these will be the wire & Tube ExpertMeeting, where renowned experts will share their specialist knowledge with visitors.

Private equity firm to acquire Davis-Standard Gamut Capital Management, LP, a USA- based middle-market private equity firm, has announced that it has signed a definitive agreement to acquire Davis- Standard, LLC and its affiliates from ONCAP, another middle-market private equity platform. a leading, value-added global process solutions business. We achieved great growth and performance under ONCAP’s successful ownership and look forward to leveraging the strong foundation we built as we move into our next phase of growth.”

Davis-Standard supplies extrusion and converting systems, and related aftermar- ket products and services, for the rigid packaging, flexible packaging and infra- structure end-markets. “We are excited to partner with the Gamut team during this next phase of Davis-Standard’s long history as a provider of highly engineered solutions to an extensive base of industry-leading customers,”said JimMurphy, CEO of Davis- Standard. “The resources Gamut brings to this investment will enable us to not only accelerate growth within our markets but also transform Davis-Standard into

Financial terms of the transaction were not disclosed. The transaction, subject to customary closing conditions, was expected to close in the fourth quarter of 2021. Gamut Capital Management, LP www.gamutcapital.com Davis-Standard, LLC www.davis-standard.com

Maillefer Extrusion Oy Maillefer connects the digital and physical production worlds from within the Smart Circle, which will be the centrepiece of stand 10 C22. The exhibit will provide an informative experience in smart buffering, roundness optimisation, defect detection, preventive maintenance, sim factory and NCC curing calculation. Read the full story in the March issue

20

www.read-eurowire.com

January 2022