The most important Lenzing Group has announced someone buy of its fully owned German wing Dolan and its 91. 1% position in European carbon fiber phone case to WHEB Partners' Growth Fund 2 on England and Jan Verdenhalven.
"The sale comprises part of Lenzing's usually focus on its core business of synthetic cellulose fibres. With WHEB as Jan Verdenhalven, Lenzing succeeded find financially strong, industry oriented emerging owners in which both companies might be able to develop more effectively in the future than until recently, " explained Thomas Riegler, Lenzing's Chief Financial Officer.
"Moreover, it is essential for European carbon fiber material that WHEB and Jan Verdenhalven already have historical industrial experience in the carbon fibre business concern. The company now has interesting growth pensée once again through a potential cooperation with different companies in the strategic investment methods of WHEB. "
Dolan manufacturers high quality specialty fibres on an polymer-bonded basis, which are used for textiles, sports vehcile car tops, as sunshades, suitable for garden furniture and protective clothing.
At the Technical Fiber segment, the business targets solutions for hot gas or a liquid filtration and reinforcement through composites for the construction industry. Because of their high chemical resistance, acrylic muscles are suitable as reinforcement in real, mortar, bitumen and fibre concrete floor products.
Dolan is one of the major wholesale dropship suppliers of convertible car tops through Europe. The company employs a personnel of about 100 employees, generating revenue on EUR 57. 5 million through 2014.
The Lenzing Group might be market leader with headquarters through Austria, production sites in all major currency market, as well as a worldwide network of potential offices. Lenzing supplies the global sheet and nonwovens industry with first-class man-made cellulose fibres. The methods ranges from dissolving pulp, widely used and specialty cellulose fibres so that you engineering services.
With more than 75 a lot of experience in fibre production, our Lenzing Group combines manufacturing of all of the three man-made cellulose fibre a long time on a large industrial scale younger than one roof – from the environmentally friendly viscose to modal and lyocell (Tencel) fibres.
European Carbon Fiber might be joint venture with Kelheim Fibres, which inturn manufactures precursors for the carbon fibre organization. The company achieved annual revenue on EUR 10. 4 million through 2014.
Please sign in to setup categery email alerts
DesleeClama North America appoints Sales and Woven Products Representante
Proxy Biomedical introduces ProTEX Mediterranean Polypropylene Resin for medical software applications
DesleeClama North America appoints Sales as Woven Products Manager
American firm gets control of UK based Multiple Winding Business}
Lenzing sells Dolan and Liverpool Carbon Fibre to focus on man-made cellulose muscles
Lenzing sells Dolan and Liverpool Carbon Fibre to focus on man-made cellulose muscles
Lenzing announces 10% increase in soluble fiber price
Lenzing scores A- through VÖNIX Sustainability Index
No comments:
Post a Comment