Strong-growth company Alligator Plastics acquires HPG Eindhoven (previously Elhi Polymer moulding) from the Hollarts Plastic Group
“Acquisition strengthens market position of Alligator Plastics as regards the development and production of high-quality plastic injection moulding products”
Follow this link to the Alligator Plastics LinkedIn-page: https://www.linkedin.com/company-beta/631507/
Son en Breugel, 31 January 2017 – As of 1 February 2017, the Eindhoven branch of Hollarts Plastic Group BV, previously Elhi Polymer Moulding, will fall under the umbrella of Alligator Plastics BV, which is based in in Son en Breugel. This acquisition is the logical next step for the intensive, long-term partnership that exists between both companies and move Alligator Plastics BV closer towards the achievement of its growth ambitions.
Wietse Wissema, Managing Director of Alligator Plastics: “For us, this acquisition is an important strategic move towards the achievement of a leading position as an innovative plastic injection moulding company in the Dutch market. Added to this, the extra capacity generated will enable us to gain the loyalty of even more OEMs and also continue to work towards our international ambitions. The unique combination of smart engineering and high-quality production in just one company will facilitate targeted development processes that seamlessly pave the way for efficient production. The result: innovative and cost-efficient products that are prime for a successful market launch. This is the main reason why a growing number of customers are choosing to place their business with our company.”
The Hollarts Plastic Group (HPG) entered into discussions with Alligator for strategic reasons. Managing Director Erik Veenstra, comments as follows on behalf of the Hollarts Plastic Group: “Both parties were able to quickly come to an agreement, thanks in part to the excellent performance and results achieved by HPG Eindhoven. This will facilitate the smooth transfer of all operational affairs and customers, etc.