Plasma Technik Grün GmbH Transferred Business to PlaTeG GmbH
(Siegen, August 30, 2006) ? The PlaTeG GmbH, Siegen, Germany transferred his business of manufacturing of plasma plants to the newly founded PlaTeG GmbH, Siegen, a 100% subsidiary of PVA TePla AG, Asslar, Germany. This transfer includes the heat treatment department and is effective on September 1, 2006. The fast growing and profitable business of PlaTeG GmbH increased during the last years. This success could be forced this year again.
PlaTeG GmbH manufactures various plasma process-based systems used for the surface treatment of steel, other metals and plastic. The specially developed PulsPlasma® technology is used to harden or finish surfaces of engine and machine parts or tools, thereby making a decisive improvement to durability and corrosion protection.
Similar low-pressure plasma processes can be used to clean plastic and metal surfaces and alter these to allow the use of environmentally friendly paintings and adhesives.
The newly developed Plasma CVD processes make it possible to generate nano-layers used to protect metals from corrosion and manufacture diamond-like, hard coatings, which can be used to open up new markets.
Systems used for the plasma sterilization of medical components round off PlaTeG GmbH?s wide range of activities.
By the transfer of the business to PlaTeG GmbH as a member of the PVA TePla AG group a further growth of the business volume will be expected.
From the perspective of the PVA TePla AG's plasma division, this acquisition will not only generate synergy effects in the industrial/medical sector, but will also provide a sensible supplement for the existing product portfolio. The existing sales structures are also complementary and both companies now have easier access to the respective European and US markets.
PlaTeG GmbH?s existing operational activities will cease with the completion of existing orders during the current year. PlaTeG GmbH will handle new orders with immediate effect.
Current Managing Director Dr. Reinar Grün will continue to manage the company together with his well proved team at its traditional base in Siegen.
For further information, please contact:
Dr. Reinar Grün
PlaTeG GmbH
Industriestr.13
57076 Siegen
Germany
