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Harburg-Freudenberger
A member of the POSSEHL-group

Possehl acquires Pomini’s mixer manufacturer division

Possehl acquires Pomini’s mixer manufacturer division

The Possehl Group is acquiring the Rubber & Plastics division of the Italian Pomini, owned by the Argentinian steel group Techint. The Rubber & Plastics division is the fourth largest manufacturer of mixing rooms for the rubber processing industry and has revenues of some €25 million. The division is based in Castellanza, Italy.

The Possehl Group has already owned the world market leader for tyre production equipment, Harburg-Freudenberger Maschinenbau GmbH (€190 million revenues) since April 2005. The mixer technology division of Harburg-Freudenberger has revenues of €50 million.

With this acquisition Harburg-Freudenberger Maschinenbau GmbH strengthens its successful mixing room division and simultaneously takes an active role in a consolidation phase for the rubber mixing technology market.

The acquisition is subject to the approval of the cartel authorities. Both parties agreed not to disclose the purchase price.

Contact:
Mario Schreiber
L. Possehl & Co. mbH
Head of Personnel/ Corporate Communications
Beckergrube 38-52
23552 Lübeck
Tel: +49 (0) 451 148 - 304
Fax: +40 (0) 451 148 - 1153
E-Mail: mschreiber@possehl.de