EoW November 2011

corporate news

Saco’s AEI buy out unites the market leaders ▲ ▲ AEI’s UK headquarters at Sandwich, Kent

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 : info@aeicompounds.co.uk Website : www.aeicompounds.com

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

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EuroWire – November 2011