New Global Player in the Polymer Industry

Oct 16, 2018

REHAU acquires MB Barter & Trading.

The REHAU Verwaltungszentrale AG and MB Barter & Trading AG, two Swiss polymer companies, announced that they have signed an agreement for a merger of equals. This integration aims to combine the strengths of both in a new and independent company with a volume of USD 2.5 billion.

The transaction includes REHAU GmbH in Muri bei Bern, Switzerland, as well as the worldwide subsidiaries of the MBT Group. The two companies expect the transaction to close in the second half of 2018, subject to customary closing conditions and approval of antitrust authorities.

The vertical integration enables a complementary combination of key competencies in technological polymer solutions and the utilization of the individual strengths of two leading global petrochemical companies with a long tradition and Swiss quality. It combines REHAU's decades of experience in materials, processes and applications with MB Barter & Trading's expertise in trading and distribution.

All 30 global offices enjoy a reputation as a highly reliable full service provider and have established powerful relationships with suppliers and customers.

The new company strengthens its competencies in polymer-based solutions and thus, offers more competitive prices as well as more efficient and optimized trading and distribution services to the clients. In addition, the merger presents significant opportunities for digitalization, recycling solutions and global expansion.

The new company strengthens its competencies in polymer-based solutions and thus, offers more competitive prices as well as more efficient and optimized trading and distribution services to the clients. In addition, the merger presents significant opportunities for digitalization, recycling solutions and global expansion.

Governance and Leadership

The name of the new company will be communicated at a later point in time. The Board of Directors will consist of Jobst Wagner, current president of the Board of Directors at REHAU and Thomas Endres, current president of the Board of Directors at MBT.

The Executive Committee will be led by Dr. Stefan Girschik as CEO, while Philipp Endres will act as Deputy CEO and Marco Zahnd as CFO. With Philipp Endres another family representative of MBT will remain in a leading position within the new company.

About REHAU Verwaltungszentrale AG

The REHAU Verwaltungszentrale AG is the holding company of the REHAU Group, a leading systems and service provider for polymer-based solutions in construction, automotive and industry, with more than 20,000 employees worldwide. The Swiss, family-owned company with German roots, is committed to advanced technologies and products that unite the goals of customer value and sustainable growth. With trust, reliability and innovation as its core corporate principles, the company strives for long-term partnerships with employees and customers.

About MB Barter & Trading AG

MB Barter & Trading AG (MBT) is a global, Swiss, family-owned company for high-quality commodity polymers, PET and rubber, and with its 30 offices acts as a central hub for global procurement and marketing. MBT maintains a service culture guided by trust, reliability and integrity, and puts high emphasis on building long-term and sustainable relationships with customers and suppliers. More information about MB Barter & trading is available at http://www.mbbarter.ch.

 

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Contact

REHAU AG + Co

Otto-Hahn-Straße 2

95111 Rehau

Germany

Phone:

+49 9283 77-0

Fax:

+49 9283 1016

E-Mail:

info@rehau.com

Internet:

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