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Techniplas back in growth mode with Nanogate asset acquisition

Techniplas back in growth mode with Nanogate asset acquisition
Germany s Nanogate SE specializes in coatings for the auto and industrial end markets.
Less than a year after emerging from Chapter 11 bankruptcy protection, Nashotah, Wis.-based automotive injection molder Techniplas LLC has acquired assets from a German company that is undergoing an insolvency process.
Nanogate SE went into insolvency, which is similar to debtor-in-possession in U.S. Chapter 11 cases, in June 2020.
Techniplas filed for Chapter 11 bankruptcy protection in May 2020 and emerged in June 2020 as a part of its sale to Bayside Capital, Amzak Capital Management and The Jordan Co.
The addition of Nanogate s unique and proprietary finishing capabilities will strategically complement Techniplas core expertise in injection molding to create one of a few companies of scale with a full suite of molding and finishing capabilities, Ali El-Haj, CEO of Techniplas, said in a May 8 release. Toget ....

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Investegate |NANOGATE SE Announcements | NANOGATE SE: Stepping Down of the Chairman of the Supervisory Board and Other Members of the Supervisory Board

Investegate announcements from NANOGATE SE, Stepping Down of the Chairman of the Supervisory Board and Other Members of the Supervisory Board ....

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