Norman Hay plc has successfully acquired the share capital of Internationale Metall IMPrägnier GmbH (IMP) and the assets of Ing. Hubert Maldaner GmbH (Maldaner).
The acquisition further strengthens the clear industry leadership position of Ultraseal International, a Norman Hay company, in the development, manufacture and global supply of impregnation sealants, equipment and services for sealing porosity and leak paths in die-cast, sintered and electrical components.
Headquartered in Germany, IMP and Maldaner develop, manufacture and supply impregnation sealants and impregnation process equipment on a global basis and also provide impregnation services to customers in Europe through job shops located in Langenfeld, Leipzig and Unterensingen.
Norman Hay, headquartered in Coventry, UK, is a global chemicals, sealant, surface coatings and engineering specialist with more than 70 years trading history. Norman Hay operates in three main business areas: surface coatings, with Surface Technology and SIFCO ASC; impregnation sealants, equipment and services with Ultraseal; which also encompasses the Sterr & Eder Group from Landshut, Germany, and process plant and equipment with NHE.
Vic Bellanti, Chief Executive of Norman Hay commented: “I am delighted that Norman Hay has acquired the share capital of Internationale Metall IMPrägnier GmbH (IMP) and the assets of Ing. Hubert Maldaner GmbH (Maldaner).This acquisition represents an excellent strategic fit with the Norman Hay business, further extending the Group’s successful global impregnation product and service proposition, developing our customer base and strengthening our European manufacturing capability.”
Speaking about the acquisition, Georg Janβen, Managing Director of IMP commented: “We are very pleased to be part of the Norman Hay Group and, together with Ultraseal International, form a clear industry leader. With a similar customer base and complementary knowledge and expertise, we have an excellent platform to build on and we believe the acquisition will provide us with many more opportunities in the future.”
Markus Maldaner, Managing Director of Ing. Hubert Maldaner GmbH added “I am strongly convinced that the sale of the majority of our assets to Norman Hay, combined with their acquisition of the IMP sealant business, represents a positive step into the future for both our employees and customers.”
For more information on Norman Hay, please visit: www.normanhay.com