Armacell and KÖPP announce “Partnership for Excellence”
Establishes global long-term technology license. Expands best-in-class product availability to customers worldwide. Provides customers with extended service coverage.
Luxembourg, Aachen, 5 March 2018 – Armacell, a global leader in flexible foam for the equipment insulation market and a leading provider of engineered foams, and Köpp, a leading manufacturer and processor of cellular rubber and polyethylene foam, today announced their “Partnership for Excellence”.
As part of this agreement, Köpp will transfer its proprietary and industry-leading bun foam technology to Armacell. Both parties will increase global product availability and provide customers with extended service coverage.
Following an initial period of calibration, Armacell will launch commercial production at its USbased component foams manufacturing facility underlining its recent capacity expansion plans and thus driving product innovation. The “Partnership for Excellence” will initially run for a 15- year term with multiple extension possibilities.
Commenting on the announcement, Patrick Mathieu, President & CEO of the Armacell Group, said: “We are delighted to partner with Köpp which has proven to be an industry leader in its markets. Our component foams customers will gain access to a broader suite of high-tech products, which in turn will enable them to satisfy their customers’ specific requirements.”
“We are proud to work with Armacell, an industry leader and distribution powerhouse,” Achim Raab, Managing Director and owner of Köpp, added. “This agreement marks a milestone in the evolution of Köpp and will provide customers worldwide with access to our proprietary technology.”
The parties have agreed to remain silent on the financial terms of this agreement.
Communiqués liés
KPMG Luxembourg invests in its talents with 12 new leaders t...
KPMG aims to create one of the most innovative, healthy and inspiring working en...
Generative AI is set to be adopted by 85% of the software wo...
Generative AI (Gen AI) is expected to play a key role in augmenting the software...
PwC Luxembourg strengthens its Assurance team with two new (...
PwC Luxembourg is pleased to welcome two new Audit Partners to the Alternative I...
Uber Eats se lance au Luxembourg
Uber Eats est ravi d'annoncer son lancement au Luxembourg, rendant la livraison ...
DLA Piper announces strategic leadership appointments in Lux...
Global law firm DLA Piper has announced the promotions of two business operation...
Indosuez Wealth Management launches the “StartUp Connectio...
“StartUp Connections” is a digital platform offering simplified access to an...
Il n'y a aucun résultat pour votre recherche