NEWS IN BRIEF...
Jochen Pernsteiner has become the new Sales Director/Head of Sales at Austrian injection mould- ing machinery maker Wittmann Battenfeld. Pernsteiner joined the company in 2018 and succeeds Valentina Faloci.
www.wittmann-group.com
Austrian manufacturer Semperit has successfully completed the acquisition of Rico Group, a specialist in production of LSR compo- nents which generated revenue of around €90m in the financial year 2022 and employs more than 500 people.
www.semperitgroup.com
Automotive supplier Magna has completed a $17m expansion of its lighting division in Queré- taro, Mexico. The move comes after the company won multiple business awards from automakers.
www.magna.com
Samvardhana Motherson buys Dr Schneider Group
Assets and shares of the insolvent German automo- tive injection moulder Dr Schneider Group have been bought by Samvardhana Motherson International. Dr Schneider’s sales last
year were €472m, but it filed for insolvency in September 2022 due to what it called an “unsuccessful operational and financial restructuring”. The German manufacturer of high-end and integrated electronic interior compo- nents and systems employs around 4,500 people in seven facilities across five countries. It produces air-vents,
decorative interior polymer components with illumina- tion and has a strong presence in premium vehicles.
Motherson, a Tier 1 supplier of polymer-based interior modules, is said to
IMAGE: DR SCHNEIDER
Virtual demonstrator of a modular centre console created by Dr Schneider
be working closely with automotive OEMs towards enhancing interior experi- ence. With this acquisition, it will gain access to a larger range of components and be able to offer these technologies to other emerging countries and customers. The overall value of the transaction is around €118m and is
expected to be closed by the third quarter of the 2023-24 financial year, said Motherson. Commenting on the deal,
Vivek Chaand Sehgal, Chairman of Motherson said: “We see a lot of synergies and untapped potential in this business, especially on the R&D side.” �
www.motherson.com
Omega Plastics increases capacity in UK
Omega takes delivery of new machinery
UK-based integrated plastic injection moulding group Omega Plastics has increased capacity at both Signal Plastics and Omega Plastics. Signal Plastics, based in Washington, Tyne and Wear, has acquired a Yizumi 700-tonne injection moulding machine equipped with a Sepro robot and a conveyor belt in order to meet increasing demand from an existing customer. In addition, Omega Plastics, based in Gateshead, has established
a dedicated tool trial cell equipped with two injection moulding machines, a 40-tonne machine and a 100-tonne machine, to support its UK toolroom and in-house tool manufacture. This specialised validation facility enables the company to test and validate new tools without any impact on ongoing production processes. Over the past five years the group, which has annual sales of
£14m, has expanded its injection moulding machines from 23 to 30 machines while further investments have been made in warehousing and material handling systems. �
http://omegaplasticsgroup.co.uk
6 INJECTION WORLD | September 2023
www.injectionworld.com
IMAGE: OMEGA PLASTICS
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