DK-5471 Soendersoe, 2016-10-14 14:45 CEST (GLOBE NEWSWIRE) -- On 15 October 2016, SP Moulding A/S takes over the plastic activities in Aasum Plast & Metal A/S.
The acquisition price amounts to DKK 4 million, free from debt.
Aasum Plast & Metal A/S, with focus on injection moulding, is taken over by SP Moulding A/S. Aasum Plast & Metal A/S is a minor injection moulding company in Åsum, Funen, established in 1946. Aasum Plast & Metal’s annual revenue in the plastic activities amounts to approximately DKK 10 million.
SP Moulding A/S is one of the leading manufacturers of injection moulding plastics in Northern Europe for many different industries in different materials. With factories in Denmark, Poland, PR China and Slovakia SP Moulding has created a platform that makes it possible to solve many different projects; from low volume and high complexity to the contrary, and with room for both large and small customers. Read more about SP Moulding on www.sp-moulding.dk
Frank Gad, managing director of SP Moulding A/S, explains the purchase as an initiative with strong synergies, as the opportunity was presented. SP Moulding would like to expand and develop its role as a leading provider of technical articles in injection moulded plastic for Danish and international clients.
Jørgen Trydeman, owner of Aasum Plast & Metal A/S, wants to retire.
