Masterfoam: Shareholder Change
At Masterfoam B.V., Ootmarsum, Netherlands Udo Storck from Germany is taking over the shareholder majority from previous managing director Hein Wiegerinck. The enterprise, which operates throughout Europe, converts flexible foams, foils and non-woven fabrics into sealing, insulation and acoustics solutions for the automotive and general industrial sector. In addition, Masterfoam is specialized in padded transport packaging. Alongside production facilities in Ootmarsum and Romania, the company, which was established in 1964, also has a German sales branch in Greven, North Rhine-Westphalia. Udo Storck, who has been commercial director and co-shareholder since 2008, is cooperating with Dutch holding company Wadinko in the takeover.
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