Skip to main content
Sister Publication Links
  • European Rubber Journal
  • Plastics News
  • Tire Business
Subscribe
  • Login
  • Register
  • Subscribe
  • News
    • Tire
    • Airless Tires
    • Non-Tire
    • More News
    • Suppliers
    • Silicone
    • Latex
    • Technical Notebooks
    • Opinion
    • Online Exclusive
    • Special Reports
    • Automotive
    • Executive Action
    • Government/Legal
    • Sustainability
    • Blogs
      • Products
      • Wacky World of Rubber
    • Best Places to Work
    • War in Ukraine
    • Rubber Division IEC
    • ITEC
    • Women Breaking the Mold
  • PFAS
  • Custom
    • Sponsored Content
    • White Papers
  • Resources
    • Directory
    • Classifieds & Mold Mart
  • Data
  • Events
    • RN Events
    • RN Livestreams/Webinars
    • Industry Events
    • Past Events
    • Rubber News M&A Live
    • PFAS Live
    • Ask the Expert
    • International Tire Exhibition & Conference (ITEC)
    • Women Breaking the Mold Networking Forum
  • Advertise
  • DIGITAL EDITION
MENU
Breadcrumb
  1. Home
  2. News
September 20, 2018 02:00 AM

Rehau, MB Barter & Trading merge to create global polymer group

Plastics News Europe
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print
    Rehau
    Picture are (from right) Stefan Girschik, future CEO; Jobst Wagner, future chairman; Thomas Endres, future member of the board of directors and Philipp Endres, future deputy CEO.

    MURI BEI BERN, Switzerland—Swiss companies Rehau Verwaltungszentrale A.G. and MB Barter & Trading A.G. have signed an agreement for a merger of equals to create a polymer group with potential sales of $2.5 billion.

    The transaction, disclosed Sept. 13, includes Rehau GmbH in Muri bei Bern as well as the worldwide subsidiaries of the MBT Group. The deal is expected to close in the second half of 2018, subject to customary closing conditions and approval of antitrust authorities.

    The name of the company will be announced in the future.

    Within the new structure, the board of directors of the new company will consist of Jobst Wagner, current president of the board of directors at Rehau, and Thomas Endres, current president of the board of directors at MBT. The executive committee will be led by Stefan Girschik as CEO, while Philipp Endres of MBT will act as deputy CEO and Marco Zahnd as chief financial officer.

    While Rehau is experienced in materials, processes and applications, Kilchberg, Switzerland-based MBT specialized in commodities trading and procurement of standard polymers, PET and rubber. MBT also has adopted a vertical diversification strategy in recent years, with investments in downstream production lines.

    The family-owned enterprise has two companies in Germany—MBT PolyTapes GmbH and Re-Pack Folien GmbH—for the production of protective film. According to news reports, the two businesses are not included in the deal.

    Rehau, on the other hand, is active in supplying to automotive industry as well as construction and other industrial sectors.

    In a statement, Rehau said the vertical integration would combine the expertise of the two companies, strengthening their global position.

    The new business, Rehau said, will offer "competitive prices as well as efficient and optimized trading and distribution services."

    In addition, the two companies expect the merger to present "significant opportunities for digitalization, recycling solutions and global expansion."

    "Joining forces allows the new company to respond more quickly to changing market conditions, innovate faster, become more efficient and create higher value for not only the customers, but also for employees and stakeholders alike," Girschik said.

    Letter
    to the
    Editor

    Rubber News wants to hear from its readers. If you want to express your opinion on a story or issue, email your letter to Editor Bruce Meyer at [email protected].

    Most Popular
    1
    Tayte French Lutz named French Oil CEO
    2
    PFAS regs and litigation—attorneys' perspective
    3
    Tom Conway, USW International president and ‘unwavering' worker advocate, dies
    4
    Ansell to slow production, cut jobs as demand wanes
    5
    Toyoda Gosei closes plants in U.K., dissolving subsidiary
    SIGN UP FOR NEWSLETTERS
    EMAIL ADDRESS

    Please enter a valid email address.

    Please enter your email address.

    Please verify captcha.

    Please select at least one newsletter to subscribe.

    Get our newsletters

    Staying current is easy with Rubber News delivered straight to your inbox, free of charge.

    Subscribe Today

    Subscribe to Rubber News to get the best coverage and leading insights in the industry.

    SUBSCRIBE
    Connect with Us
    • LinkedIn
    • Facebook
    • Twitter

    MISSION

    To serve companies in the global rubber product industry by delivering news, industry insights, opinions and technical information.

    Contact Us

    2291 Riverfront Pkwy, Suite 1000
    Cuyahoga Falls,
    OH 44221

    Customer Service:
    877-320-1726

    Resources
    • About Us
    • Digital Edition
    • Staff
    • Advertise
    • Order Reprints
    • Privacy Policy
    • Privacy Request
    • Terms of Service
    • Careers
    • Ad Choices
    • Sitemap
    Partner Sites
    • Tire Business
    • European Rubber Journal
    • Plastics News
    • Urethanes Technology
    • Automotive News
    • Crain Brands
    Copyright © 1996-2023. Crain Communications, Inc. All Rights Reserved.
    • News
      • Tire
      • Airless Tires
      • Non-Tire
      • More News
        • Automotive
        • Executive Action
        • Government/Legal
        • Sustainability
        • Blogs
          • Products
          • Wacky World of Rubber
      • Suppliers
      • Silicone
      • Latex
      • Technical Notebooks
      • Opinion
      • Online Exclusive
      • Special Reports
        • Best Places to Work
        • War in Ukraine
        • Rubber Division IEC
        • ITEC
        • Women Breaking the Mold
    • PFAS
    • Custom
      • Sponsored Content
      • White Papers
    • Resources
      • Directory
      • Classifieds & Mold Mart
    • Data
    • Events
      • RN Events
        • International Tire Exhibition & Conference (ITEC)
        • Women Breaking the Mold Networking Forum
      • RN Livestreams/Webinars
      • Industry Events
      • Past Events
      • Rubber News M&A Live
      • PFAS Live
      • Ask the Expert
    • Advertise
    • DIGITAL EDITION