GERMANY: ERICH JAGER BOUGHT BY THERMEDICS
Article Abstract:
The German Hochberg-based company Erich Jager GmbH has been acquired by Thermedics Inc. of Woburn, Massachusetts, for US$ 42mn. The price corresponds to the 1998 turnover of the German company that produces diagnostics equipment for pulmonary and cardiac diseases, electrophysiology and sleep disorders. Thermedics is to take over from its parent Thermo Electron Corp of Waltham, Massachusetts, the biomedical divisions, which produce neurodiagnostic instruments, life sign monitoring equipment, and instruments for the control of metabolism and sleep diagnostics. Thermedics is to boost its R&D capabilities and activities in Europe.
Publication Name: Europa Chemie
Subject: Chemicals, plastics and rubber industries
ISSN: 0014-2484
Year: 1999
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Phenolharz-US-Joint-venture von Bakelite
Article Abstract:
German R tgers subsidiary Bakelite AG, Iserlohn-Letmathe and US Plastics Engineering Co (Plenco) are founding a joint venture for the production of phenolic resins for the North American market. New R tgers-Plenco LLC will be based at Plenco's headquarters in Sheboygan, Wisconsin and use Plenco's production facilities. Both partners will contribute technologies and know-how. Bakelite is the number one producer of phenolic resins and phenolic moulding compounds in Europe and has a leading position worldwide, while Plenco is the leading producer of the same products in the US. *
Comment:
Reaches JV deal w/ Bakerlite & Iserlohn-Letmathe to produce phenolic resins for N Amer, creating Rutgers-Plenco
Publication Name: Europa Chemie
Subject: Chemicals, plastics and rubber industries
ISSN: 0014-2484
Year: 1998
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Sch mann Sasol und DEA gemeinsam mit Vaseline und Wei l
Article Abstract:
Subject to German cartel authorities' approval, Sch mann Sasol GmbH & Co KG and DEA Mineraloel AG founded the 50:50 joint venture Merkur Vaseline GmbH & Co KG for the development, production and distribution of Vaseline and white oil. The company will be based in the free port of Hamburg, in the vicinity of the factories of the two partners, and is expected to reach an annual turnover of approx. DM 50mn. *
Comment:
Founds a 50:50 jt vtr Merkur Vaseline w/ Sch mann Sasol for the dvlpmt, prodn & distribution of Vaseline & white oil
Publication Name: Europa Chemie
Subject: Chemicals, plastics and rubber industries
ISSN: 0014-2484
Year: 1998
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