Impreglon Makes the Leap to China
Controlling Interest Aquired in Shanghai
Due to our expanding clientele and ongoing global success, on April 20, 2012 (effective retroactively as of January 1, 2012) Impreglon acquired a majority stake of 51 % in a Chinese surface engineering company.
Since many of Impreglon's customers from the automotive industry had established plants in China and repeatedly urged Impreglon to join them there, Impreglon began looking for a suitable location. With its high concentration of automotive suppliers, Shanghai was the natural choice. The crucial factor was that it was also an opportunity to acquire a controlling interest in a Chinese coating specialist with state-of-the-art technology. Aixite will change its name to Impreglon Surface Technology and will also offer other coating processes from the Impreglon range.
With its latest acquisition, Impreglon continues its successful 'buy & build' strategy. This second location in Asia brings the total to 22 facilities in 11 different countries.