Hexpol acquires TPE maker

摘要

German firm Hexpol's acquisition of Muller Kunststoffe has been finalised, with the latter becoming a part of business area of the compounding business thereby broadening Hexpol's TPE portfolio.According to Hexpol, the acquisition price of EUR39 million is funded by a combination of cash and existing bank loans. The 90-employee Muller, which has an estimated yearly turnover of EUR46 million, has two production units in Germany.