Tecarim, a subsidiary of plastics processor Ensinger GmbH, in Nufringen, has changed hands in a management buyout, for an undisclosed sum.
The transfer of business took place at the end of May, with retroactive effect from 1 April. As part of the repositioning, Ensinger Tecarim GmbH has changed its name to alpharim polymers GmbH. As well, the products manufactured by the business have been rebranded and are now sold under the alpharim name.
Tecarim became part of the Ensinger Group in 1996. The focus of its operations is the development, production and sale of stock shapes, composites and moulded articles made from the polymer Nyrim. A special casting process is used that is suitable for small and medium-sized volumes of semi-finished robust, abrasion resistant products or moulded articles suitable for heavy-duty applications.
Managing director Ortwin Knaipp, together with a business partner, has acquired the machinery and equipment along with the technological know-how. Knaipp, who has led Ensinger Tecarim GmbH for the past four years, and his partner have acquired all of the company shares and the technology but also the workforce at the company site in Wels (Austria).
The decision to sell the business was straightforward, said Ralph Pernizsak, Managing Director at Ensinger: “The portfolio of our Shapes division has changed over the years. Nowadays, the Tecarim product group has less common ground with the market segments of Ensinger’s other business units. We decided to sell the Tecarim business because hardly any synergies existed from joint distribution.”
The new management are working on a sustainable, strategic realignment of the business. “We see further potential for development in the target markets and will continue to strive for a close relationship with the customer so we can solve individual technical challenges together,” said Ortwin Knaipp. “We are also looking forward to continuing our successful partnership with the