HEXPOL Acquire Berwin Group
HEXPOL AB, the Swedish polymer compounding group, has announced that it has acquired the UK-based rubber compounder Berwin Group, which consists of three companies – Berwin Rubber Co Ltd, Berwin Industrial Polymers Ltd and Flexi-Cell (UK) Ltd).
With sites in Manchester, UK and Gloucestershire, UK, the Berwin Group is a leading rubber compounder with a long tradition in the retreading industry.
“This is a further step in expanding and strengthening the HEXPOL Group with a further acquisition within our core business,” commented Georg Brunstam, CEO HEXPOL Group. “Berwin, with its competence, capability and experienced people, will fit nicely into the HEXPOL Group and gives a stronger UK presence.”
“We are delighted that Berwin, which has been independent since its formation in 1953, has been recognised by HEXPOL for its market leading products and technical capability along with its loyal and experienced workforce,” added Glyn Williams, Chairman and main shareholder Berwin Group. “By becoming a member of such a strong international group we believe Berwin will continue to thrive.”
HEXPOL already have a major presence in the global retreading industry, having acquired US-based envelope manufacturer Robbins in 2012.