Unicor expands its business in the US with acquisition

With a view to expanding its business in North America, German pipe corrugator machine maker Unicor has acquired majority ownership of Canadian firm Adescor, which develops, builds and distributes downstream equipment for the production of corrugated pipes, for example. saws, cutters, bell in-line trimmers and numerous other pieces of equipment used in pipe extrusion plants. Adescor’s key market has been North America.

Unicor and Adescor have worked together successfully on the North American market for a long time, with numerous projects where both companies equipment has been used. Tony Kime, former representative of Unicor and an existing shareholder of Adescor, will run the firm. The previous President, Bill Kime, will retire but be available as a consultant for the company.

Unicor Managing Director Klaus Kaufmann stated, “We are really pleased that we purchased an experienced company like Adescor. With the products and service that meet the demands of the North American market, we are able to strengthen our position there. As of now, we will add the Adescor-program to the Unicor range of products and offer them worldwide. Adescor has proven that its downstream equipment is competitive on the world market. It already supplies a number of European pipe producers and as well as the leading corrugated pipe companies in North America.”

At the K-Show in Düsseldorf in October, Unicor will present the product range of Adescor at its exhibition stand D59 in hall 16. In October 2012, the GAW group from Graz, Austria, took over the majority control of Unicor.

(PRA)


Home | Terms & Conditions | Privacy Policy | Contact | Webmail | Site Map

Copyright (c) 2013 www.plasticsandrubberasia.com. All rights reserved.