Acquisition of Polmer (PL)
To strengthen the market position of its Plastic Components core activity, Hydratec has acquired Polish company Polmer Sp.z.o.o. as of 31 August 2018. Polmer, which is based in Wroclaw (PL), has 25 years of experience with the manufacture of injection moulded components for clients in sectors such as white goods. The company has 25 injection moulding machines and around 140 employees. This will supplement the current activities within Plastic Components of which Helvoet and Timmerije are now part of.
Bart Aangenendt, CEO of Hydratec: “With the acquisition of Polmer we have added an injection moulding company in Eastern Europe to our Plastic Components core activity. This has increased the possibilities within the Group and further reinforced our market position.”
On 1 November 2018 Everien Slijkhuis (50) will join the Management Board of Hydratec Industries NV as CFO. Drs. E. H. Slijkhuis RA is coming to Hydratec from the position of CFO at Veco Precision Metal, a group of internationally-operating industrial companies. Previously she gained many years of experience in accountancy, project management and financial controlling.
Bart Aangenendt, CEO of Hydratec: “We are delighted that Everien will be reinforcing our team. We are convinced that her expertise and experience will enable her to make a valuable contribution towards the further development of Hydratec.”
Profile Hydratec Industries NV
Hydratec is a stock exchange listed, globally operating specialist in industrial systems and components with a focus on the Agri & Food, Automotive and Health Tech markets. Hydratec has two core activities:
Agri & Food Systems. The design and production of systems by:
- Pas Reform Hatchery Technologies in Zeddam and
- Lan Handling Technologies in Tilburg and Halfweg
Plastic Components. The design, production and assembly of plastic components by:
- Timmerije in Neede and
- Helvoet Rubber & Plastics Technologies with production facilities in the Netherlands (Hellevoetsluis and Tilburg), Belgium (Lommel), Germany (Munich), India (Pune) and Kaniow (PL).
Hydratec Industries is listed on the NYSE Euronext Amsterdam NV (ISIN NL0009391242, ticker: HYDRA.)