14 Dec 2018
The Compound Company acquires controlling stake in Transmare Compounding BV
The Compound Company, based in Enschede, The Netherlands, and new management, have acquired a controlling stake in Transmare Compounding BV, Roermond, The Netherlands, as of December 14th 2018. Current shareholder Henk-Jan Aarsen will retain a minority stake.
Under the agreement, Transmare Compounding will continue to operate as a stand-alone company with The Compound Company offering technical and financial support. The companies will work closely to achieve synergies through strengthened product development, coordinated sales & marketing and leveraging operational synergies. “Over the last couple of weeks, we have developed plans with the Transmare team to make the transition as smooth as possible and start an improvement program focused on product quality, customer service and flexibility,” said Stijn van den Brekel, the new general manager of Transmare Compounding BV. “Together with my fellow director Thomas van het Kaar, we are looking forward to joining the Transmare team and jointly working on implementing these plans and improving our total offering for both our existing and new customers.” The new management has 30+ years’ experience in the plastic industry, production and management.
Simon Put, managing director of The Compound Company commented, “We welcome the Transmare team to the group. After our expansion into South East Asia and the construction of an additional compounding plant in Enschede, this is yet another building block in our growth strategy. It strengthens our position as a specialty compounder in Europe, adding new products, extra capabilities and valuable people with scarce compounding skills to the group. The combination will provide critical mass to our EcoForte portfolio of specialty compounds and provide extra capacity for our custom compounding partners. Given current market demands, we can put the spare capacity of Transmare to work immediately.”
Peter Wolf, former Transmare Group CEO and shareholder, has taken over the Group’s trading activities, Transmare Distribution, that will continue to cooperate with Transmare Compounding as a partner.
Reader enquiriesThe Compound Company
7521 BG Enschede
+31 53 482 48 88
Notes for editors
About The Compound Company
The Compound Company has two well-known brands, EcoForte®, a range of customised thermoplastic compounds, and Yparex®, a range of extrudable adhesive resins. The company started in 2005 as Resin (Products & Technology) BV, a spin-off from Hartman Garden Furniture. In 2011, Resin (Products & Technology) BV acquired the Yparex® extrudable adhesive resins business from DSM Engineering Plastics, and both companies continued to operate under the umbrella of the RESIN Group of Companies. In 2017 RESIN became The Compound Company.
The Compound Company has a quality testing laboratory, a separate R&D laboratory and operates a state-of-the-art quality assurance system. It also has access to research facilities at The Brightlands Chemelot Campus in Geleen, the Netherlands, and a number of technical universities and polymer institutes in Europe. In 2015, the company built its own centralised warehousing facilities next to its production in Enschede. The state-of-the-art warehouse stores finished goods, prior to shipment to customers, and will serve the new Plant 2 as well.
About Transmare Compounding BV
Transmare Compounding BV was added to Transmare Holding BV (founded in 1953, in Rotterdam) in 1997 to add production assets to its offering of trade and distribution activities for chemicals, additives, pigments and flame retardants.
Today Transmare Compounding BV is a specialist in the production of a wide variety of Compounds and Masterbatches. It operates as an independent toll compounder strategically located in Roermond, close to the German Ruhrgebiet and Dutch polymer site Chemelot. The company is proud of the long, strategic relationship it has with its main customers and the flexibility and expertise it offers to the market. This is supported by a flexible machine park, its own research facilities and quality department. Aside from the focus on polyolefins and elastomers, it also has extensive experience with PET, ABS and nylons, and offers additional services such as blending, regranulation and deblocking of elastomers.