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NEWS


Westfall makes new purchase


Westfall Technik, which makes plastic products for the medical, packaging and consumer goods industries from eight sites across the world, has acquired the North American business of Amaray from private equity firm Atlas Holdings, which will continue to hold Amaray Europe. This follows on from seven other acquisitions in the previous 12 months. Westfall said that the acquisition “adds a new dimension to their end-to-end supply chain capabilities”. Amaray is based at Elizabethtown, Kentucky, and has injection moulding facilities there and at Pittsfield, Massachusetts, with a combined 26,500 m2 of space, 165 employ- ees and 66 machines. Westfall plans to upgrade both sites and drive volumes from its regional customer bases to them. Elizabethtown is its first location in the Midwest. � www.westfall-technik.com


Engel consolidates global sales regions


Injection moulding machin- ery giant Engel has consoli- dated its 30 subsidiaries and more than 60 representa- tions into seven regions “for higher impact and shorter decision-making processes”. These are: Western Europe; Eastern Europe; America; Middle East, Turkey, Africa & India; East Asia, Australia & Oceania; and Southeast Asia. Each now has a regional sales president, with full responsibility for sales within their respective region. The regional sales


presidents will be the contact persons for the subsidiaries and representations and decide any sales-related matters locally and indepen- dently. They are also being tasked with advancing the


Engel’s CSO Christoph Steger (third from left) and the group’s seven regional sales presidents


global business unit strategy and bolstering local exper- tise. In addition, regional resources are being com- bined, “with the continuous exchange of experience accelerating the decentralisa- tion of expert know-how”, the company said. Dr Christoph Steger, CSO


of the Engel Group, com- mented that this represents


the next step in a strategy that had seen its European sales structure transferred to other regions, as well as establishing in-house automation centres and business units, and expand- ing local technological capacity. All of the regional sales presidents will report into him. � www.engelglobal.com


Amco Polymers enters Mexico


Orlando-based Amco Polymers, a distributor of commodity, engineering and speciality polymers, is to expand its business into Mexico by setting up Amco Polymers de México in Mexico City, with an additional sales office in Guadalajara. This will bring it additional bulk and warehouse storage with full packaging and delivery capabilities.


“The plastics industry in Mexico is witnessing a positive growth trajectory. A distinctive organisation like Amco Polymers is positioned to expand in a growing country and we are ready to provide solutions for local customers”, said Gerardo Lopez-Kuri, country manager for Mexico. � www.amcopolymers.com


Hexpol completes Mesgo acquisition


Hexpol has completed the acquisition of 80% of the shares of Mesgo Group from CEO Francesco Caldara and its other co-owners in a €168m deal. Mesgo is an Italian compounder of high-performance fluorocarbon and silicone elastomers standard rubber compounds and thermoplastics for applications in the consumer products,


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transportation, automotive and general industry sectors. It has sales of about €100m per year and some 180 employees at six sites in Italy, Poland and Turkey. This, Hexpol said, is a strategic move into an area where Mesgo has cutting- edge expertise, brings it new custom- ers and broadens its European


INJECTION WORLD | November/December 2018


presence. Caldara, who will retain a minority stake, commented: “With its sizeable installed base of customers, Hexpol is uniquely positioned across the growing compounding industry and will allow us to reach new markets and qualified customers.” The two firms also have similar EBITDA margins. � www.hexpol.com


www.injectionworld.com


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