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You are here: Home1 / Hexpol

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Georg Brunstam appointed president and CEO of Hexpol

Career Tracks, Company News

Hexpol AB (publ) has appointed Georg Brunstam as president and CEO of Hexpol AB (publ) effective 20 November 2020. Georg Brunstam is currently chairman of the Board for Hexpol AB (publ) and had previously been President and CEO for Hexpol AB (publ) 2007-2017.

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Related news:

  1. Hexpol buys Berwin Group for £25 million
  2. Hexpol buys Trelleborg’s Czech compounding unit for 65 million euros
  3. Hexpol buys Preferred Compounding for $232 million
  4. Bloom named president Hexpol Compounding Americas
23rd October 2020/by Chris

Berwin Industrial Polymers wins Queens Award for International Trade 2020

International News, Product News, Retreading, UK News
Clive Rickards Berwin’s sales and marketing director

Berwin Industrial Polymers, which is part of Hexpol AB, was recently named amongst the winners of the Queens Award for International Trade 2020.

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Related news:

  1. Hexpol growth driven by compounding and exports
  2. Lehigh win Circular Economy award in Davos
  3. TAFF Awards 2012: Environment Award nominations
  4. Berwin Industrial Polymers featured in Parliamentary Review
22nd April 2020/by Chris

Bloom named president Hexpol Compounding Americas

Career Tracks, International News, Retreading

Hexpol AB (publ.) has appointed Kenneth L. Bloom as new president of Hexpol Compounding Americas. Ken succeeds Tracy Garrison who decided to leave the company in November 2019. The new appointment took effect on 1 January 2020.

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Related news:

  1. 2 Hexpol management changes during first quarter
  2. TGI appoints African development manager, new strategic accounts VP
  3. Lehigh appoints two vice presidents
  4. Hexpol growth driven by compounding and exports
3rd January 2020/by Chris

Hexpol buys Preferred Compounding for $232 million

Company News, International News

On 1 July Hexpol announced that it has acquired Preferred Compounding from the Audax Group, a US-based Private Equity firm. Preferred Compounding is described as an “advanced rubber compounder in North America”. Key markets include general industry, automotive, power and infrastructure. Hexpol paid approximately US$232 million on a cash and debt free basis. Preferred’s 208 turnover worked out as roughly US$240 million. The firm has around 540 employees in six facilities, five in the US and one in Mexico. The business will be consolidated from 1 July 2019.

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Related news:

  1. Hexpol buys Trelleborg’s Czech compounding unit for 65 million euros
  2. Hexpol buys Valley Processing for $44 million
  3. Hexpol buys 80% of Mesgo for 168 million euros
  4. Hexpol buys Berwin Group for £25 million
8th July 2019/by Chris

Hexpol growth driven by compounding and exports

International News, Premium, Retreading

Almost 10 years after Hexpol embarked on a prolonged growth-by-acquisition strategy, here Tyres & Accessories examines the company’s overall progress as well as the particular example of UK-based Hexpol Group member, retreading compound supply specialist Berwin Polymers.

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Related news:

  1. Berwin Industrial Polymers wins Queens Award for International Trade 2020
  2. Hexpol buys 80% of Mesgo for 168 million euros
  3. Marangoni Marix Energeco geared towards retread labelling
  4. Bloom named president Hexpol Compounding Americas
17th May 2019/by Chris

2 Hexpol management changes during first quarter

Career Tracks, International News

During the first quarter of 2019, Hexpol announced a couple of senior management changes. Most recently, at the end of February, Karin Gunnarsson decided to leave her position as Chief Financial Officer (CFO) and Investor Relations Manager at the Hexpol Group in pursuit of “new challenges”:

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Related news:

  1. Bloom named president Hexpol Compounding Americas
  2. Lehigh appoints two vice presidents
  3. Hexpol growth driven by compounding and exports
  4. Berwin Industrial Polymers wins Queens Award for International Trade 2020
17th May 2019/by Chris

Hexpol buys 80% of Mesgo for 168 million euros

Company News, International News, Premium

On 1 October Hexpol completed the acquisition of 80 per cent of the shares of Italian compounder Mesgo Group from previous owner Francesco Caldara and co-owners. Hexpol describes Mesgo as “an industry leader in high performance elastomers as fluorocarbons and silicone”. In addition, Mesgo also specializes in conventional rubber compounds and thermoplastics. The major customer segments Mesgo focuses on are industry, consumer products, transportation and automotive. Mesgo Group reports annual turnover of around 100 million euros, with around 180 employees in six facilities.

The rest of this article is for subscribers only:
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Related news:

  1. Hexpol buys Valley Processing for $44 million
  2. Hexpol buys Trelleborg’s Czech compounding unit for 65 million euros
  3. Hexpol growth driven by compounding and exports
  4. Hexpol buys Preferred Compounding for $232 million
2nd October 2018/by Chris

Hexpol buys Valley Processing for $44 million

Company News, International News

Just three days after buying Trelleborg’s Czech compounding operation, on 3 April Hexpol announced it has signed an agreement to acquire the business of Valley Processing from Ted Ballou and his family. The acquisition price amounts to approximately US$44 million on a cash and debt free basis. There will also be an additional product transfer fee, which will be paid later.

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Related news:

  1. Hexpol buys Trelleborg’s Czech compounding unit for 65 million euros
  2. Hexpol buys 80% of Mesgo for 168 million euros
  3. Hexpol buys Preferred Compounding for $232 million
  4. Berwin Industrial Polymers wins Queens Award for International Trade 2020
3rd April 2017/by Tyrepress Editors

Hexpol buys Trelleborg’s Czech compounding unit for 65 million euros

Company News, International News

Hexpol has today acquired 100 per cent of Trelleborg Material & Mixing Lesina s.r.o from the Trelleborg Group. The divested operation develops, produces and supplies polymer compounds. The majority of its sales are to external customers and a minor share to a small number of Trelleborg facilities in Europe.

Read more

Related news:

  1. Hexpol buys Valley Processing for $44 million
  2. Hexpol buys 80% of Mesgo for 168 million euros
  3. Hexpol buys Preferred Compounding for $232 million
  4. Hexpol buys Berwin Group for £25 million
31st March 2017/by Tyrepress Editors

Mindermann appointed president of Trelleborg Industrial Solutions

Career Tracks

As of 1 July, Jean-Paul Mindermann will switch from the Trelleborg Wheel Systems business unit to become the new business area president of Trelleborg Industrial Solutions. He succeeds Mikael Fryklund, who leaves Trelleborg to assume the position of president and chief executive officer at Hexpol. Like his predecessor, Mindermann will become a member of Trelleborg Group Management.

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Related news:

  1. Trelleborg draws the line on tyre replacement uncertainties
  2. Strong US$ prompts Trelleborg industrial tyre price rises
  3. Trelleborg features smart solutions at CeMAT 2016
  4. Hexpol buys Trelleborg’s Czech compounding unit for 65 million euros
17th March 2017/by Tyrepress Editors

Hexpol buys Berwin Group for £25 million

Company News, Retreading, UK News

On Friday 3 June Swedish firm Hexpol bought 100 per cent of the Berwin Group Ltd shareholders Glyn Williams and his family for around £25 million. Berwin has more than 60 years’ experience of rubber compounding and is a leading Rubber Compounder in the UK market.

Read more

Related news:

  1. Berwin Industrial Polymers wins Queens Award for International Trade 2020
  2. Hexpol buys Trelleborg’s Czech compounding unit for 65 million euros
  3. Hexpol buys Valley Processing for $44 million
  4. Hexpol buys 80% of Mesgo for 168 million euros
6th June 2016/by Tyrepress Editors

Robbins integration ‘strengthens’ Hexpol

Retreading

In November 2012 Swedish polymer group Hexpol Compounding bought US retreading supplier Robbins LLC with the intention of merging the company into “the Hexpol family”. Roughly 18 months after paying US$89.2 million for the then £100 million a year turnover company, Hexpol reports that the acquisition has strengthened its operations.

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Related news:

  1. Hexpol acquires US retreading supplier Robbins
  2. Hexpol buys Berwin Group for £25 million
  3. Working hand-in-hand: Obo Tyres anticipates synergies with Magna Tyres Group
  4. Pirelli truck tyres separating and merging with Aeolus/ChemChina
11th June 2014/by Tyrepress Editors

Stellana launches Optima system

International News, News, Product News

Stellana, Inc., a moulded polyurethane wheel manufacturer recently introduced its Optima line of polyurethane tyres for the material handling industry, which apparently differ from press-on bands. “Standard press-on tyres come with costly trip charges, press-on charges, and downtime expenses. The Optima Tire System eliminates these costs: simply bolt the tyre onto your lift truck and you are up and running again,” said Stellana’s sales and marketing manager, Michael Scoon.

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Related news:

  1. Berwin Industrial Polymers wins Queens Award for International Trade 2020
  2. Nokian To Produce Commercial Tyres In The USA
  3. Environmental Award for Watts Industrial Group
  4. Robbins Aims to Reduce Cost Per Cure
21st January 2013/by Tyrepress Editors

Hexpol acquires US retreading supplier Robbins

Company News, Retreading

Swedish polymer group Hexpol has acquired US retreading industry supplier Robbins. The US$89.2 million deal covers the purchase of Robbins Holdings, Inc., including Robbins LLC.

Read more

Related news:

  1. Hexpol buys Berwin Group for £25 million
  2. Robbins integration ‘strengthens’ Hexpol
  3. Hexpol buys Valley Processing for $44 million
  4. Hexpol buys Preferred Compounding for $232 million
28th November 2012/by Tyrepress Editors

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