Rampf Acquires US Company Innovative Polymers
Rampf Holding, Grafenberg, Germany, has acquired the US company Innovative Polymers, Inc., Saint Johns, Michigan, a provider of technologically advanced polyurethanes for tooling and modelling applications. With this acquisition, Rampf is set to further expand its range of products in the NAFTA markets.
Innovative Polymers, Inc. will be integrated into Rampf’s North American subsidiary Rampf Group, Inc., which offers Raku-PUR modeling and styling boards, Close Contour castings, blocks and pastes, as well as liquid systems on the NAFTA markets since 2003. “The acquisition of Innovative Polymers, Inc. will enable us to expand our product portfolio and to open up new business opportunities in industries in which we are already active in. Furthermore, we will be able to enter new markets, for example oil and gas, and the railway industry,” emphasizes Jürgen Penker, CEO of Rampf Group, Inc.
Innovative Polymers, Inc. was founded in 1995 and is well known for the high quality of its products and strong customer focus. The company currently employs twelve people. Its polyurethane products are used in a wide variety of industries and applications, amongst others automotive, electronic equipment and encapsulation, architecture, medical, as well as sports and recreation. Innovative Polymers, Inc. is located in St. Johns, Michigan, not far from the headquarters of Rampf Group, Inc. in Wixom. The facilities in St. Johns will be retained, enabling the Rampf Group, Inc. to expand its production capacities and to serve customers even better and faster.
With the acquisition of Innovative Polymers, Inc., the international Rampf Group has further consolidated its position in the markets of the NAFTA region. Earlier this year, Rampf bought the Canadian company Apex Composites, a holistic composites supplier to companies in the aerospace and medical industries.
Rampf Holding GmbH & Co. KG
Would you like to subscribe to our Newsletters on plastics technology and profit from the latest information?
Looking for a new challenge? Check out our jobs market!
Patents encourage innovation: Stay on the ball with the latest innovations in the plastics industry in our patents section.