In what was described as a “strategic move” to expand capacity and enter the medical device molding market in the U.S., Balda AG purchased 100% of the shares of C. Brewer Company located in Anaheim, CA, and HK Plastics Engineering Inc. in nearby Oceanside, CA, for US $50 million and US $15 million respectively. The deals were finalized Dec. 31, 2012. These acquisitions are part of Balda’s buy-and-build strategy for its Medical Group as the company extends its reach in the “strategically important” U.S. market.     Tagging Options Domain:  All Sites Issue Date:  PT – February 2013 Keywords:  Balda AG C. Brewer Company HK Plastics Engineering Balda read more

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Balda CEO discusses C. Brewer, HK Plastics acquisitions at MD&M West