New Strategic Ownership of Polymetrix AG
Oberbüren, Switzerland, November 15, 2017 – Beijing Sanlian Hope Shin-Gosen Technical Service Co. has acquired 80% of the Polymetrix shares from the Bühler Group. The Bühler Group will remain a minority shareholder with 20% of the shares of Polymetrix. Closing is expected for the beginning of 2018.
The Bühler Group held again 100% of Polymetrix after the buyback of all shares held by a third-party in July 2017. Polymetrix AG will remain a Swiss entity and continues to operate under the existing management and the existing employees. The company’s legal name remains identical and is expanded with the reference to the two owners: “Polymetrix AG, a Sanlian-Bühler Company”
The transaction is subject to approval by the Chinese state and stock exchange regulations. Closing is expected for the beginning of 2018.
Sanlian and Polymetrix are both technology / engineering companies of similar size and are active in marketing, designing and building complete plants for the manufacturing and processing of polymers. Customers will benefit from the combined expertise of both companies: Sanlian focuses on PA, PET, and spinning technology, while Polymetrix’ expertise is in PET, PA, PBT and recycling technologies. With Polymetrix, Sanlian will receive an international platform to market their successful products outside of China. Polymetrix will be significantly strengthened by Sanlian’s business set-up and market intelligence in China. The combination of the two organizations allows expanding the combined business beyond the current product offerings. You find more information about Sanlian here: http://www.slhpcn.com
The contact data and the contact persons will remain identical for our customers and partners. Sanlian and Polymetrix are looking forward to a prosperous business future with all our clients and business partners. We continue to do our best in providing excellent services and products to our clients and reinforce trustful relations with our partners.
Media contact Polymetrix:
Martin Müller, CEO
Polymetrix AG, 9245 Oberbüren, Switzerland
Phone: +41 71 552 10 21
Mobile: +41 79 479 62 75
Polymetrix designs, supplies and installs complete industrial plants for the thermal treatment of bulk materials, based on the well-known polymer technologies and services from Bühler Thermal Processes AG. In addition, Polymetrix develops and distributes new process technologies, in particular for producing virgin and recycled plastics. As SSP market leader Polymetrix is your technology, process and engineering partner for the thermal treatment of polyesters, polyamides and other polymers. The polymers from our plants are used for high value applications like PET bottles, yarns for seatbelts, tires, hot air balloons or high performance sports clothing from PET or PA and optical fibers made of PBT.
Every day, billions of people come into contact with Bühler technologies to cover their basic needs for food and mobility. We strive for innovations for a better world, with a special focus on healthy, safe, and sustainable solutions. We contribute significantly to feeding the world’s population, while setting the focus on food security and safety. Our solutions and technologies enable efficient and clean mobility.
We are a leader in processing grains, rice, cocoa, coffee, and other raw materials. Also, we are a leading solution provider of die-casting and surface-coating technologies in high-volume application areas, such as automotive, optics, and inks. As a leading technology group, Bühler invests up to 5% of its turnover every year in Research & Development. In 2016, its 10,640 employees in over 140 countries generated a turnover of CHF 2.45 billion. The globally active Swiss family-owned company Bühler is particularly committed to sustainability.
We want our customers to be successful. We want every human being to have access to healthy food. We want to protect the climate with energy-efficient cars, buildings, and machinery.