Rehau Verwaltungszentrale, a Swiss holding company of the Rehau Group, a leading systems and service provider for polymer-based solutions in the construction, automotive and industrial sectors has successfully completed the acquisition of MB Barter & Trading AG (MBT), a Swiss, globally operating, family-owned company for high-quality commodity polymers, PET and rubber.
According to the company’s press statement, the unique combination of Rehau’s expertise in materials, process engineering and applications combined with MBT’s global trading, logistics and distribution expertise creates new opportunities through expanded business models. Together, the partners can generate more value through new services, sustainable growth and innovation, and above all strengthen and expand relationships with employees, customers and suppliers.
“The successful completion of this transaction is an important milestone in the implementation of our vision to grow as a leading provider of polymer solutions and to further expand our business relationships. I am proud to have embarked on this path with MBT and look forward to working together in the future to advance modern polymer solutions and transform the industry,” said Dr Stefan Girschik, CEO of the new company.
The Swiss trading and purchasing company Rehau GmbH and its subsidiaries will gradually merge their businesses with the acquired MBT companies until the joint market launch under a new name planned for the first half of 2019.