Acquisitions
Uni-Grip Inc. has acquired Trim Gard Co. Ltd., a London, Ontario, extruder of plastic and rubber trim and seals, and moved all of its production to Ohio.
Goodyear CEO and President Mark Stewart told Tire Business, a sister publication of Rubber News, that the venerable Dunlop brand—which dates back to the late 1880s—has increased its market share in Europe despite what he called a "flat to overall declining" market there.
Hexpol Group has acquired an 80 percent stake in nylon compounder Piedmont Resin Supply L.L.C. in a deal valued at $86 million.
Rudolf GmbH has acquired full ownership of Access Rudolf Technologies L.P., based in Rock Hill, S.C., in a deal it said will benefit the firm on multiple levels.
Acacia Research Corp. has purchased Deflecto L.L.C. in a deal that works to expand the Acacia business profile.
The Trelleborg Group and Trelleborg Sealing Solutions have signed an agreement to acquire CRC Distribution. The deal is likely to go into effect in Q1 2025.
Pelmar Engineering Ltd. has sold TGL SP Industries Ltd., Israel's second largest rubber company, to Duram Rubber Products.
A Switzerland-based cement company is acquiring a Michigan-based maker of building materials to expand building solutions and serve its North American customer base.
Lanxess has exited the polymers business with the $505 million sale of its urethanes systems unit to Japan's Ube Corp.
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