Lenzing acquires German cut plastic filaments producer

17 Jan '07

3 min read

Lenzing Plastics realized sales of EUR 70.2 mill. in the first three quarters of 2006 at good results. Sales in 2005 were at EUR 79.9 mill. Company staff is currently at 370.

Hahl Group GmbH is a holding company with several subsidiaries. In addition to the production site in Germany a production site in Plana, Czech Republic, and a sales office in Great Britain form part of the company.

The Hahl group will continue to be an independent player in the market and further enhance its good position there. Lenzing Plastics GmbH views itself as an industrial owner and partner with a long-term perspective. The company will give all its support to the continued growth of Hahl Group GmbH.

Lenzing Plastics is based in Lenzing, Upper Austria. The company is a global leader in the production of polyolefin and fluoropolymer products. The core expertise of the full subsidiary of Lenzing AG lies in the monoaxial stretching of polymers – a technology that enables the production of films, filaments and yarns of very high tenacity.

Lenzing
PROFILEN is the brand name of PTFE (polytetrafluoroethylene) yarns and fibers marketed for use in medical engineering, sports and safety wear, and hot gas filtration.

Lenzing Ag

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