UK – Surteco SE, one of the world’s leading manufacturers of decorative surface materials and producer of technical extrusions (profiles), acquired through its subsidiary DöllkenWeimar GmbH, 85 % of shares in the Nenplas Group headquartered in Ashbourne, United Kingdom. 

Surteco Group (2015: sales of € 638.4 million; EBIT € 31.1 million; approximately 2,700 employees) intends to strengthen its market presence in the United Kingdom and in the area of technical profiles through the takeover of this company, and increase the Group’s profitability.

The operation, that took effect on December 1st, was financed with existing liquid funds, informed Surteco. The purchase price for 85 % of the shares amounted to GBP 20.8 million.

“The acquisition of Nenplas will enable us to expand our market position in technical profiles and we will be acquiring an innovative company with a high level of profitability,” commented Dr. Herbert Müller, the Chairman of the Board of Management of Surteco SE, on the transaction.