๐‡๐„๐—๐๐Ž๐‹ ๐š๐œ๐ช๐ฎ๐ข๐ซ๐ž๐ฌ ๐ญ๐ก๐ž ๐ฅ๐ž๐š๐๐ข๐ง๐  ๐“๐ฎ๐ซ๐ค๐ข๐ฌ๐ก ๐“๐ก๐ž๐ซ๐ฆ๐จ๐ฉ๐ฅ๐š๐ฌ๐ญ๐ข๐œ ๐„๐ฅ๐š๐ฌ๐ญ๐จ๐ฆ๐ž๐ซ ๐‚๐จ๐ฆ๐ฉ๐จ๐ฎ๐ง๐๐ž๐ซ ๐’๐ฒ๐ฆ๐ฉ๐ฅ๐š๐ฌ๐ญ ๐€.ลž.

HEXPOL (publ) acquires 80 percent of the company Symplast A.ลž., headquartered in Izmir, Turkey. The company is a leading Turkish developer and manufacturer of specialized #thermoplasticelastomercompounds, with a strong position in custom-made and value-added solutions for the automotive, construction, consumer and electronics industries. The acquisition significantly strengthens HEXPOL’s thermoplastic compounding platform and and stretches further the position in the growing Turkish market.

Symplast is being acquired from its four founding shareholders, Selahattin Dรผlger, Ali Rฤฑza Kฤฑr, YaลŸar KurtuluลŸ and Fahri Tolga Sarฤฑkahya. The company was founded in 2013 by a group of experienced plastics specialists and has since developed into the leading Turkish thermoplastic elastomer compounder.


Fahri Tolga Sarฤฑkahya and Ali Rฤฑza Kฤฑr will continue to run the company as a subsidiary within the HEXPOL Thermoplastic Compounding business area. Symplast’s manufacturing facility, headquarters and R&D center are located in ฤฐzmir, Turkey. The company also operates a facility for semi-finished materials in Poti, Georgia, and has a sales office in Germany. The Izmir operation has substantial available capacity and room for further expansion within the existing footprint.


Symplast has sales of approximately MEUR 34 and 135 employees. The company has a broad portfolio of engineered thermoplastic elastomers used in applications including automotive weather seals and components, window and door systems, construction membranes, consumer products, cable sheathing and connectors.


“The acquisition of #Symplast is another important step in executing the growth strategy for our Thermoplastic Compounding business area. Symplast gives #HEXPOL a strong position in Turkey, an attractive and strategically located manufacturing market with a well-developed automotive and construction industry,” says Henrik Elmin CEO and President of HEXPOL.

“Symplast brings strong formulation and application expertise, modern production capabilities and an entrepreneurial organization with a clear focus on customer service. The company is highly complementary to our existing #thermoplastic operations and provides an attractive platform for continued growth, both in Turkey and in export markets,


The acquisition price amounts to 54 MEUR on a cash- and debt-free basis and is funded by a combination of bank facilities and cash. HEXPOL has an option to acquire the remaining shares, and the founders have an option to sell their remaining shares to HEXPOL. The acquisition is subject to customary closing conditions, including competition authority approval, and is expected to close no later than during the first quarter of 2027.


source : Hexpol

Comments

Post a Comment

Popular posts from this blog

Today's KNOWLEDGE Share : Robotic 3D printing can compete with traditional boatbuilding

Image
Today's KNOWLEDGE Share “Robotic 3D printing can compete with traditional boatbuilding”, Simone Barbera and Mattia De Santis, Caracol V2 catamaran was printed in Italy at Caracol’s production center and headquarter in Barlassina, near Milan, with a Heron AM 400, Caracol’s robotic Large Format Additive Manufacturing (LFAM) platform. The lattest was specifically configured with a 7-axis robotic arm mounted on a rail, enabling the printing of parts up to 10 meters in length. How did the collaboration between V2 Group and Caracol come about? Simone Barbera : The collaboration between V2 Group and Caracol originated from a shared vision to revolutionize boat manufacturing through sustainable innovation. V2 Group, a Spanish-company specialized in nautical design and engineering, is seeking to develop electric vessels manufactured sustainably. On the other hand, Caracol, leader in robotic advanced manufacturing technology, had had years of experience working with Large Format Additive Ma...
Read more

Today's KNOWLEDGE Share : A BUG IN INJECTION MOLDING

Image
Today's KNOWLEDGE Share A bug in injection molding – an injection-molded part in a bug? Neither! Nature and injection molding have reached similar results. Nature created the first micro-gear long before any human engineering existed. One such example is the Issus coleoptratus (shown in the picture). Furthermore, only now are we reaching the point where injection-molded polymer microgears can approach this level of performance. Looking at the images, which one do you think is the natural gear, and which one is the molded version? It is not that easy to tell, right? Their appearance and operating principles are surprisingly similar. Chitin, a natural linear polymer, forms what nature essentially "molds” into shape. In engineering, we rely on advanced technical polymers to produce similar geometry through actual injection molding. They are not the same material, yet they solve the same issue: Stiffness, dimensional stability, and reliable function at a scale where tolerances...
Read more

๐“๐จ๐๐š๐ฒ'๐ฌ ๐Š๐๐Ž๐–๐‹๐„๐ƒ๐†๐„ ๐’๐ก๐š๐ซ๐ž : ๐€๐๐“๐ˆ-๐Ž๐—๐ˆ๐ƒ๐€๐๐“ – ๐“๐ก๐ž๐ซ๐ฆ๐š๐ฅ ๐š๐ง๐ ๐๐ซ๐จ๐œ๐ž๐ฌ๐ฌ ๐๐ซ๐จ๐ญ๐ž๐œ๐ญ๐ข๐จ๐ง

Image
๐“๐จ๐๐š๐ฒ'๐ฌ ๐Š๐๐Ž๐–๐‹๐„๐ƒ๐†๐„ ๐’๐ก๐š๐ซ๐ž ๐€๐๐“๐ˆ-๐Ž๐—๐ˆ๐ƒ๐€๐๐“ – ๐“๐ก๐ž๐ซ๐ฆ๐š๐ฅ ๐š๐ง๐ ๐๐ซ๐จ๐œ๐ž๐ฌ๐ฌ ๐๐ซ๐จ๐ญ๐ž๐œ๐ญ๐ข๐จ๐ง During extrusion and molding, heat and oxygen can degrade polymers — causing yellowing, odor, and loss of mechanical properties. Anti-Oxidant masterbatches protect the polymer chain, stabilizing it against thermal and oxidative stress. They are essential in polyolefins, engineering plastics, and films that undergo long processing cycles, ensuring durability, color stability, and consistent performance. source : Polimerizze Technology
Read more