Röchling Engineering Plastics SE & Co. KG, Haren, acquires plastic processor Schwartz GmbH Technical Plastics, Xanten/Germany subject to approval by the competition authority
Schwartz GmbH, with international production and sales subsidiaries in the Czech Republic, China, and the USA, specializes in the manufacture of moulded components from cast polyamide and offers in particular large-volume and highly resilient machined parts made from engineering plastics for all the industries.
Röchling, with this acquisition, improves its competency and specialises in the production of high-quality machined parts and components.
“With this acquisition we enhance our competence with new technologies and anticipate synergies with our global sites for the manufacture of machined parts”, said, Franz Lübbers, member of the Executive Board and responsible for Röchling Group’s Industrial Division. He, added, “The Schwartz Group is active in specialist industries in general engineering and particularly in lifting and conveying technology. As well as the production of highly resilient, large-volume, complex cast parts, Schwartz has the applied expertise required to fulfil the specialist technical requirements of its customers. The complementary activities at Schwartz are highly compatible with Röchling. As part of Röchling Industrial, in the future Schwartz will be an even more effective partner for its customers. They will benefit from the range of services of the Schwartz Group and the application and material expertise, as well as the additional processing possibilities of the Röchling Group.”
“We are delighted that Schwartz GmbH is part of the Röchling Group, which has a great deal of experience in the integration of companies. For the company and our employees, this opens up prospects for continued growth in an internationally successful plastics group and to exploit new markets, without losing our independence and familial corporate structure”, said, Dr. Stephan Peiffer, the Managing Partner of Schwartz GmbH Technical Plastics.