Frimo and Hennecke: Strategic partnership in the polyurethane sector
The Frimo Group with headquarters in Lotte and the Hennecke Group with headquarters in Sankt Augustin, Germany, announced that they are forming a close partnership in the sector of polyurethane and other reactive plastic applications for the automotive industry. The cooperation concerns only the products and systems associated with the production of passenger cars. The agreement came into effect on 1 February 2020 and covers all international markets.
“The synergies from the partnership provide absolute added value for our customers in the automotive industry,” said Dr. Christof Bönsch, CEO of the Frimo Group. “Under the partnership we are uniting the core competences of two companies who complement each other perfectly in terms of strategy and operation,” he continued.
The core segments of the partnership include the product areas moulded foam processing, elastomer processing, lightweight composites and PUR-CSM technology for polyurethane spray applications as well as flood injection for structural and decorative components. Frimo is contributing its systems technology in the areas of moulded foam, elastomers and composites. For these product areas, the company will supply, besides new systems, the corresponding services such as retrofitting (upgrade, modification and modernisation of machine and systems technology) and technical service in general. Within the partnership, Frimo will also offer the entire spare parts sales for the affected product areas. Frimo will cease production of metering and mixhead technology completely and will instead concentrate on the areas of tooling technology, systems technology and periphery equipment as well as the associated services. In future, all parts for handling the raw materials will be manufactured and supplied exclusively by Hennecke in all markets.
Hennecke’s contribution to the partnership will be metering and mixhead technology as well as all other systems for handling the raw materials – storage, transportation, preparation and processing – for the automotive sector. Hennecke will also supply the periphery equipment required for the respective case of application. In future, Frimo will be responsible for the sales of Hennecke products from the partnership, for new systems as well as for the entire service area. As a polyurethane specialist, Hennecke will focus on its core competences in high and low pressure metering in the form of individual metering machines outside of the automotive sector, as well as systems technology in the production of refrigeration units, slabstock products and sandwich panels.
According to the companies, customers will benefit from comprehensive system solutions and individual service from one source as well as a common point of contact. A further benefit is the unified customer interface, ranging from tooling to plant automation up to process technology. By focusing on their core competencies, the two companies complement each other perfectly, said Frimo and Hennecke.
Thomas Wildt, CEO of the Hennecke Group, sums up the goal of the partnership: “In the future we want to be even more striking and innovative, offering our customers efficient and competitive solutions under the label Automotive Alliance. Our target course is clearly focused on the growth of both companies and this means new perspectives for our customers as well as for our staff."