The Borflex group, a French creator of rubber and composite solutions, is acquiring Swiss company Rex Articoli Tecnici, a specialist in the design and production of rubber and thermoplastic parts.
Rex’s main markets are rolling stock and railway infrastructure, multi-material technical parts, and bicycle brake systems marketed under the SwissStop brand.
With this acquisition, Borflex is anticipating to strengthen its position as a leading player in the rubber and composite market in Europe, and bringing the Group’s consolidated turnover to around EUR46 million for 350 people.