Inter Primo A/S buys Essentra Extrusion
Topic: Building, Lighting, Energy & Offshore, Medico, Transport, Electronics & Packing Tubes, Refrigeration & HVAC, Sustainability
Written by: Lichtenberg
The Danish plastic company Inter Primo A/S announces the acquisition of British-owned Essentra Extrusion B.V. in Buitenpost, the Netherlands.
Inter Primo's CEO Claus Tønnesen announces the acquisition of Essentra on June 11, 2019
Inter Primo A/S’ acquisition of Essentra Extrusion B.V strengthens the company’s position in the European market. With the purchase of Essentra, Inter Primo becomes one of Northern Europe's absolute largest companies in customised plastic extrusion and can continue its specialisation, development and marketing with increased strength. Inter Primo has a total turnover of approximately €150 million and 1.100 employees on 14 production facilities distributed in Denmark, Sweden, Finland, Poland, Germany, Russia and China.
The integration of Essentra Extrusion in the Primo Group is a logical next step within the strategy to strengthen Primo’s position worldwide:
”Essentra Extrusion fits into our organisation as it is very similar to Inter Primo. Consolidations characterise the plastic market, and it is a necessity to grow to be able to keep up with an increasingly demanding market - both in terms of technology and sustainability, ”says managing director of Inter Primo, Claus Tønnesen.
Essentra Extrusion is one of Northern Europe's oldest and leading plastic producers with a high level of technical knowledge about plastics.
”We are thrilled with this acquisition. We can now focus more on extrusion, and I am confident the new ownership will result in a win-win situation for both the customer and us,” says Managing Director Han Schootstra.
Essentra Extrusion is a pioneer in customised plastic profiles. The company was founded in 1938 under the name of Enitor and produced bicycle parts in the early years. In 1956, the company began as one of the first in the Netherlands to work on plastic extrusion.
Facts about Essentra:
- 81 years extrusion experience
- 37 mio. euro annual turnover
- 75 extrusion lines
- 200 employee
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