https://newsletter.en.creamermedia.com
Business|Construction|Design|Industrial|Resources|Rubber|Services|Systems|Technology|Products|Solutions
Business|Construction|Design|Industrial|Resources|Rubber|Services|Systems|Technology|Products|Solutions
business|construction|design|industrial|resources|rubber|services|systems|technology|products|solutions

Company completes purchase of Italian thermoplastic specialist

24th January 2020

     

Font size: - +

Technology services company Continental has successfully completed its purchase of Italian thermoplastic specialist Merlett Group.

This follows the unconditional approval by the relevant antitrust authorities. The agreement between the two companies was signed on July 1, 2019.

The acquisition will strengthen Continental’s materials expertise beyond rubber and deepen its specialist knowledge about the design, processing and handling of thermoplastics for industrial hose solutions.

This is especially important in offering an even more diversified product portfolio to its customers.

“Thermoplastic know-how is essential in our transformation from a pure product supplier to a holistic supplier of systems and solutions in the field of industrial hoses. “The acquisition of Merlett is a major step forward for Continental because more diversification in products, markets and industries opens up new market opportunities,” says Continental industrial fluid solution business head Andreas Gerstenberger.

In its combined product portfolio of rubber and thermoplastic hoses, Continental is now able to offer a range of flexible hoses for the agriculture, construction, transportation and food industries and other growth sectors in the future.

Moreover, Continental will further strengthen the regional presence of its industrial hose business, especially in Europe. Merlett will add three production facilities in Italy and Switzerland, plus an extensive network of sales offices in 12 European countries with about 500 employees, to Continental’s industrial hose business.

“Together, we are close to the customer and can develop new sales markets. Merlett fits perfectly to further expand Continental’s resources to become the partner of choice for our customers from a range of industries. “We are delighted to welcome Merlett’s employees to the Continental family,” says Gerstenberger.

Edited by Zandile Mavuso
Creamer Media Senior Deputy Editor: Features

Comments

Showroom

Rio-Carb
Rio-Carb

Our Easy Access Chute concept was developed to reduce the risks related to liner maintenance. Currently, replacing wear liners require that...

VISIT SHOWROOM 
Universal Storage Systems (SA)
Universal Storage Systems (SA)

South African leader in Steel -Racking, -Shelving, and -Mezzanine flooring. Universal has innovated an approach which encompasses conceptualising,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (08/11/2024)
8th November 2024 By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.133 0.227s - 197pq - 2rq
Subscribe Now