23 Jun 2009
Rapid marks NPE with groundbreaking acquisition of Avian Machinery in China
New expansion promises faster, leaner local service for China and Asian customers
Chicago, USA – June 23, 2009 - Rapid Granulator AB, the Swedish-based leader in plastics granulation and technology, and part of the Pittsburgh, Pennsylvania, based IPEG, announced today at a press conference held at the NPE show that it has acquired Avian Machinery, the Shanghai-based manufacturer of granulator and recycling systems.
The new investment reflects a significant step forward in Rapid’s Asian capabilities, giving the company access to a well established Chinese and Asian distribution network, as well as significantly expanding its local manufacturing and assembly capabilities. The acquisition will mean Rapid is able to service local Chinese and Asian customers more quickly and efficiently, reduce lead times and boost its competitiveness in the Asian market.
As part of the agreement, Rapid will relocate their operations in China to Avian’s 50,000 sq. m facility located in Shanghai, China. This ten-fold expansion in production space means Rapid will be now able to manufacture and assemble more of its own product range in China for local customers.
Avian Machinery was founded in Australia in 1982 and moved its production to China in 1997. The company is now Asia’s second largest manufacturer of granulator machinery, with a comprehensive network across the region and a leading market position in China.
Avian machines have also been selling successfully in Europe through channel partners for a number of years, in particular in the UK, Germany and Spain. The company manufactures and sells a broad range of high-quality equipment, from heavy to small-sized granulators, as well as pulverizers, shredders and post-recycling equipment. This not only broadens and extends Rapid’s product portfolio considerably, but also gives them immediate access to the post consumer and industrial recycling market, which is expected to grow significantly in Asia.
“This is a huge development for Rapid and we are tremendously excited about it and the potential it offers,” said Rolf Gren, President and CEO, Rapid Granulator Group. “This investment consolidates our position as the global market leader in granulation machinery with an expanded product portfolio, and means we can now provide the same level of speed and service to our growing customer-base across Asia as we do in Europe and North America.”
Mark Miao, President and owner of Avian Machinery who will remain with the group after the acquisition as General Manager for their Chinese operations also added: “This is a great move for Avian and Rapid. I am really pleased to be part of the world’s leading brand in plastics granulation and recycling and for the added benefit this will bring to our customers here in China and across the world.”
Reader enquiriesRapid Granulator AB
P.O. Box 9
S-330 10 BREDARYD
+46 370 86 500
Notes for editors
About Rapid Granulator AB
Rapid Granulator, headquartered in Bredaryd, Sweden, employs 265 people and exports around 95 percent of its production. Supporting its sales operations and customer base the company has seven subsidiaries located in Cranberry Township (PA), USA; Shanghai, China; Singapore; Venice, Italy; Lyon, France; Kleinostheim, Germany and Beirut, Lebanon. Further support is provided by a global network of over 90 agents and local partners. More than 70,000 machines installed across five continents, for the granulation of plastic scrap, the recycling of post-consumer and post-industrial waste, the reduction of organic waste for the production of bio-gas, as well as the shredding of old bank notes, confirm the company as a world-class leader in its field.
For more detailed information, visit Rapid at: www.rapidgranulator.com.