19 January 2015
RheTech has close to 50 years’ experience of
polymer compounding and is a leading provider of
polyolefin compounds, engineered resins and
multifunctional colorant and additives.
RheTech Thermoplastic Compounding have four facilities
(including manufacturing and laboratories) located in
1.Whitmore Lake, MI (RheTech),
2.Fowlerville, MI (RheTech),
3.Sandusky, OH (RheTech Color) and in
4.Blacksburg, SC (RheTech Engineered Plastics).
RheTech had a turnover of 117 MUSD in 2013 and
has around 212 employees.
RheTech Product Line
AF: Agave Fiber Reinforced Polyolefin Compounds
BG: Blow Molding Grade Polypropylene Compounds
CC: Calcium Carbonate Reinforced Polypropylene Compounds
CF: Ground Coconut Reinforced Polyolefin Compounds
EG: Extrusion Grade Polypropylene Compounds
F: Co-Reinforced Polypropylene Compounds
FF: Flax Fiber Reinforced Polyolefin Compounds
FR: Flame Retardant Polypropylene Compounds
FT: Thermoplastic Polyolefin (TPO) Compounds
G: Short Glass Fiber Reinforced Polypropylene Compounds
GC: Chemically Coupled Short Glass Fiber Reinforced Polypropylene Compounds
HP: High Performance Polypropylene Compounds
M: Mica Reinforced Polypropylene Compounds
P: Unfilled Polypropylene Resin
RC: Recycled Content Polypropylene Compounds
RH: Ground Rice Hull (husk) Reinforced Polyolefin Compounds
T: Talc Reinforced Polypropylene Compounds
WM: Maple Wood Fiber Reinforced Polyolefin Compounds
WP: Pine Wood Fiber Reinforced Polyolefin Compounds
The RheTech Difference:
- Application Driven
- Broad Product Line
- Choices and Solutions
READ MORE OEM APPROVALS BY SPECIFICATIONS
READ MORE OEM APPROVALS BY PRODUCTS
READ MORE RHETECH TESTING STANDARDS
DETAILS
has signed an agreement to acquire
RheTech Thermoplastic Compounding
from the founders’ families.
has close to 50 years’ experience of polymer compounding
and is a leading provider of polyolefin compounds,
engineered resins and multifunctional colorant and additives
The acquisition price amounts to approximately 112 MUSD
on a cash and debt free basis and
is funded by a combination of cash and existing bank facilities.
The acquisition price will be paid upon completion of
the acquisition which is estimated to take place
in the beginning of 2015 after regulatory approvals.
The acquired business has an EBITDA margin well below
the HEXPOL Group and is expected to
have a positive impact on earnings per share from start.
Georg Brunstam,
CEO HEXPOL Group
"This is a further step in expanding and strengthening
the HEXPOL Group with another acquisition
within our core business. RheTech,
with its competence and capabilities, will fit nicely into
the HEXPOL Group and broadens our product range
within Polymer Compounding."
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