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  5. Globus Gummiwerke Acquires GTP German Thermoplast

M&A Deal Summary

Globus Gummiwerke Acquires GTP German Thermoplast

On March 18, 2021, Globus Gummiwerke acquired plastics company GTP German Thermoplast from Pleiger Group

Acquisition Highlights
  • This is Globus Gummiwerke’s 1st transaction in the Plastics sector.
  • This is Globus Gummiwerke’s 1st transaction in Germany.

M&A Deal Summary
Date 2021-03-18
Target GTP German Thermoplast
Sector Plastics
Buyer(s) Globus Gummiwerke
Sellers(s) Pleiger Group
Deal Type Divestiture

Target

GTP German Thermoplast

Schwentinental, Germany
GTP German Thermoplast is a manufacturer of extruded semi-finished products made of high-quality thermoplastics, such as POM or PA. The product portfolio includes in particular sheets, solid rods, and hollow rods as well as finished parts, which are individually cut to customer specifications and processed on the company’s own CNC machines. GTP German Thermoplast was founded in 1957 and is based in Schwentinental, Germany.

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Buyer(S) 1

Buyer

Globus Gummiwerke

Ahrensbok, Germany
Category Company
Founded 1906
Sector Chemicals
Employees203
Revenue 32M EUR (2015)
DESCRIPTION

Globus Gummiwerke is a manufacturer of elastomer products in the field of automotive, aerosol, and packaging. Globus Gummiwerke was founded in 1906 and is based in Ahrensbok, Germany.

DEAL STATS #
Overall 1 of 1
Sector: Plastics M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2021 M&A 1 of 1

Seller(S) 1

SELLER

Pleiger Group

Witten, Germany
Category Company
Founded 1925
Sector Manufacturing
DESCRIPTION

Pleiger Group manufactured compressed air valves and fittings for the mining sector. Pleiger Group was founded in 1925 and is based in Witten, Germany.

DEAL STATS #
Overall 1 of 1
Sector: Plastics M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2021 M&A 1 of 1
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