Skip to main content
Sister Publication Links
  • Middle East Foam & Polyurethane
  • UTECH Asia/PU China
  • UTECH Europe
  • UTECH Las Americas
Subscribe
  • My Account
  • Login
  • Subscribe
  • Ukraine
  • News
    • Asia
    • Americas
    • Europe
    • M & A
    • Financial results
    • Automotive
  • Data
  • Information
    • Country Overview
    • Market Sector overviews
    • Technical articles
    • Company profiles and strategies
  • Events
    • Exhibitions
    • Conferences
    • Webinars / Livestreams
    • Become a Speaker
    • UTECH Europe 2021
  • Advertise
  • Contact Us
  • Issues
  • Subscribe
MENU
Breadcrumb
  1. Home
  2. News
September 23, 2010 12:00 AM

Canada’s Camoplast to buy Solideal Group

Utech Staff
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print

    Sherbrooke, Quebec -- Canadian rubber track maker Camoplast Inc. has agreed to buy industrial tyre maker Solideal Group for an undisclosed price.

    The transaction is subject to regulatory approvals and is expected to close in October, Camoplast said. The integrated company will operate under the name of Camoplast Solideal Inc. The Solideal and Camoplast brands will continue to be managed independently, the company said.

    Both companies have extensive expertise in polyurethanes, Solideal in PU tyres, and Camoplast in LFI (long fibre-injection) composites using polyurethane, for the marine and other markets.

    The two companies are developing integration plans built on the cultural similarities, respective strengths and the best business and product development practices, Sherbrooke-based Camoplast said.

    Solideal, which has its headquarters in Luxembourg, makes tyres, wheels and rubber tracks for materials-handling and construction applications. It maintains R&D facilities in Europe and Asia, manufacturing sites in Europe, North America and Asia, and more than 100 distribution and service locations throughout the world.

    Solideal Group employs more than 6000 worldwide, many of whom work at Solideal's manufacturing operations in Sri Lanka (Loadstar) and China.

    Camoplast is a privately owned company composed of two groups: Camoplast Tracks & Systems (with headquarters in Magog, Quebec) and Camoplast Polymer Solutions (based in Sherbrooke) employing about 1400 worldwide.

    Camoplast Tracks and Systems has R&D facilities in Canada and South Korea and manufacturing sites in the US, Canada, Korea and Europe.

    "

    Recommended for You
    US government backs 3D printing initiative
    US government backs 3D printing initiative
    henkel adhesive recyclable packaging 800
    Henkel adds adhesives for recyclable food packaging
    formlabs 3dp pu resin 800
    Formlabs adds PU 3D printing resins
    Latest Issue
    April/May 2022 issue
    Click HERE for Free Download
    View All Archives
    Get our newsletters

    Breaking news and in-depth coverage of essential topics delivered straight to your inbox.

    Subscribe today

    Register to access our archive of leading information on the polyurethanes industry.

    Subscribe now
    Connect with Us
    • Twitter
    • LinkedIn
    • Facebook
    • Youtube

    Follow us on social media for the latest polyurethanes industry news and event updates.

    Logo
    Contact Us

    Office 127,
    61, Willow Walk,
    London
    SE1 5SF
    E-mail us
    +44 (0) 203 287 5979

    Customer Service:
    +1 313 446 0450

    Resources
    • Advertise with Us
    • Media Kit
    • Staff
    • Careers
    • Ad Choices Ad Choices
    • Sitemap
    Legal
    • Terms and Conditions
    • Privacy Policy
    • Privacy Request
    Copyright © 1996-2022. Crain Communications, Inc. All Rights Reserved.
    • Ukraine
    • News
      • Asia
      • Americas
      • Europe
      • M & A
      • Financial results
      • Automotive
    • Data
    • Information
      • Country Overview
      • Market Sector overviews
      • Technical articles
      • Company profiles and strategies
    • Events
      • Exhibitions
      • Conferences
      • Webinars / Livestreams
      • Become a Speaker
      • UTECH Europe 2021
    • Advertise
    • Contact Us
    • Issues
    • Subscribe