An agreement was signed today, with the purpose of transferring, from 1. October, the 80% of MESGO shares to HEXPOL Group, a worldwide flagship among compounders.
Francesco Caldara, MESGO’s CEO remarks: “I’m enthusiastic about this industrial partnership with HEXPOL. I’m convinced that this opportunity will strengthen our Group, give continuity to its growth and accelerate its international expansion. With its sizeable installed base of customers, HEXPOL is uniquely positioned across the growing compounding industry and will allow us to reach new markets and qualified customers. With this new project, together with the management’s continued commitment, we will make the best use of our technology and further excel our production efficiency”.
Mikael Fryklund CEO HEXPOL Group remarks: “MESGO is a leading compounder in high performance elastomers, and with this acquisition HEXPOL thereby adds a new important platform of high value added solutions. With MESGO’s excellent material and application knowhow, very strong position in Italy, and local manufacturing in Poland and Turkey, we are adding new significant competences and geographical markets to the HEXPOL Group. This, combined with HEXPOL’s global reach, will allow us to leverage into further markets. I also appreciate the Caldara family’s decision and commitment to remain as minority owner, and look forward to a successful cooperation.”
There will be neither integrations nor mergers with other Companies of the HEXPOL Group. MESGO will maintain its absolute identity, growing and strengthening itself, thanks to the support which will be given, as well as it will continue to distinguish itself for excellence in service, competence, quality of products and research, staying focused on Customers’ needs and their satisfaction.