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The Polymer Processing Solutions Division delivered another quarter of excellent results. Quarterly order intake of CHF 503 million and sales of CHF 372 million both set new record levels since the... | November 3, 2021
Creating a new growth platform Oerlikon signs agreement to acquire INglass, a global leader in high precision polymer flow control equipment, to accelerate expansion strategy in polymer processing market INglass and its HRSflow Division is a market leader specialized in hot runner systems Technology is highly complementary to Oerlikon's existing capabilities in polymer flow control and will expand Oerlikon's market access Acquisition accelerates Oerlikon's strategy in diversifying its manmade fibers business to expand into the high-growth polymer processing solution market Oerlikon renames 'M...
Oerlikon (Pfaeffikon, Switzerland) has acquired INglass S.p.A. (Polo di Piave, Italy), including its HRSflow hot runner manufacturing business, in a deal the Swiss company says will accelerate the diversification of its manmade fibers business into plastics processing. Oerlikon has a flow control components business, featuring gear metering pumps for textiles and other industries, including automotive, chemical and paint markets. HRSflow will be integrated into this existing business to form the Oerlikon Flow Control Solutions Business Unit, which is part of the Oerlikon Polymer Processing So...
Oerlikon acquiring INglass in hot-runner deal InGlass Swiss manufacturing giant OC Oerlikon Corp. AG is acquiring hot-runner maker INglass SpA of Italy for an undisclosed price. In an April 23 news release, officials with Oerlikon in Pfaeffikon, Switzerland, said that INglass and its HRSflow division are market leaders in hot-runner systems. They added that INglass's technology is highly complementary to Oerlikon's existing capabilities in polymer flow control and will expand Oerlikon's market access. Oerlikon officials also said that the acquisition, which is expected to be completed in th...