Dugdale Plc, a compounder of rigid and flexible polyvinyl chloride (PVC) compounds, acquired the PVC compounding business of Berwin, but there was no transfer of equipment or personnel. The purchase only included intellectual property and customer base, according to a Dugdale spokesperson, in answer to a question from Plasticstoday.com. The acquisition is part of Dugdale's strategy to strengthen and grow its high-service PVC compounding activities and meets Berwin's desire to focus on developing its rubber compounding business.
Explaining the rationale behind the move Glyn Williams, chairman of the Berwin Group, said in a statement, "Due to the continuing high demands of our PVC and rubber customers and the ever increasing requirement for more efficient and modern plant we have decided to focus all our resources on the rubber and silicone compounding side of our business. After 42 years in the PVC market this was not an easy step to take. However, we are confident that in choosing Dugdale Plc as a partner our PVC customers will be in safe hands and all their demands and expectations going forward will be met." ...