Glastic Corporation has been acquired by Röchling Engineered Plastics
THE TRANSACTION
REP acquired Glastic in January 2007. Glastic will become part of the Composites Division of REP, and will work closely with other segments on future development applications. Glastic believes being part of REP presents a significant opportunity for Glastic to strengthen its business.
Our Client
GLASTIC CORPORATION
Glastic Corporation (“Glastic”) a wholly-owned subsidiary of Cignet, LLC, a diversified holding company based in Troy, Michigan. Glastic is a leading global supplier of highly engineered composites for electrical and industrial applications. Glastic serves a diverse group of customers throughout the world, including OEM’s, distributors and fabricators. Among Glastic’s brands are GlasthermTM and GoldmemberTM , as well as a variety of well-known specialty products servicing the electrical industry.
Transaction Partner
ROCHLING ENGINEERED PLASTICS
Röchling Engineered Plastics ("REP") based in Haren, Germany, is one of the world’s leading suppliers of semi-finished and finished products made of engineered plastics. REP’s product range stretches from semi-finished products via machined-finished parts to compression molded parts and finished, painted and assembled pultruded sections.
CONTACT
Automotive & Truck
RECENT DPP TRANSACTIONS
