EoW November 2011

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EuroWire – November 2011 16
corporate news
Saco Polymers Inc (formerly known
as Padanaplast USA) has bought out
AEI Compounds Ltd, headquartered in
Sandwich, Kent, UK.
This transaction represents a combination
of the market leaders in the US and
Europe/Middle East in the crosslinkable
and polymer compounds manufacturing
industry based on Sioplas technology.
The companies share a market focus on
the wire and cable and PEX plumbing
pipe industries.
In addition, AEI Compounds is one
of the major suppliers worldwide of
thermoplastic and silane crosslinkable
halogen free flame retardant (HFFR)
compounds to the wire and cable
industry.
The acquisition of AEI Compounds with
principal markets in Europe, Middle East,
Asia and Africa combined with Saco’s
prominence in North America is a key
step in Saco’s strategy to create the first
truly global manufacturing and product
development platform in this industry
to better serve its expanding customer
base.
In support of this aim, AEI Compounds
has recently made significant investments
in new production capacity for the
manufacture of HFFR compounds as part
of the relocation to its current facility in
Sandwich.
AEI Compounds Ltd will continue its
current operations as a wholly owned
subsidiary of Saco Polymers Inc.
The entire senior leadership team of
AEI Compounds will remain with the
business.
Saco expects that the combination of
the respective product offerings and
geographic strengths will greatly expand
both businesses in the coming years.
AEI Compounds Ltd – UK
Fax: +44 1304 616 170
Email:
Website:
Saco’s AEI buy
out unites the
market leaders
▲ ▲ AEI’s UK headquarters at Sandwich, Kent