Essentra Extrusion, Netherlands, to be acquired by Primo A/S
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In the beginning of June, Essentra Plc and Inter Primo A/S announced the sale of Essentra Extrusion to Inter Primo A/S.
Acquisition will strengthen forces and offers opportunities for growth
"The acquisition of Essentra Extrusion B.V. fully matches our growth ambitions. By combining our strengths, we can serve our customers even better and expand our market share", said Claus Tønnesen, CEO Primo. "In common we have a passion for plastic extrusion. We are very happy with this acquisition", said Han Schootstra, Managing Director Essentra Extrusion B.V.
The Inter Primo Group consists of more than 10 extrusion companies throughout Europe and in China, with a total turnover of approximately €150 million and 1.100 employees. The integration of Essentra Extrusion in the Primo Group is a logical next step within the strategy to strengthen Primo's position worldwide.
About Essentra Extrusion
Essentra Extrusion is a true pioneer in the field of plastic profiles. Originally founded in 1938 under the name Enitor. In 1956, Essentra was one of the first companies in the Netherlands to utilise the advantages of extrusion. Today, the company is considered to be an authority in the field; not just because of the production of plastic profiles, but also thanks to a knowledge centre, which is located in the Buitnpost facility.
