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Thursday, 23 August 2018

Teijin to acquire automotive composite supplier in Portugal




Teijin Limited has agreed to acquire Inapal Plasticos SA (Inapal), a leading automotive composite supplier in Portugal. The shares of Inapal will be purchased by Teijin Holdings Netherlands BV, the Teijin Group's holding company in the Netherlands.
The acquisition was completed at the beginning of August 2018.
Inapal, headquartered in Leca do Balio, Porto, Portugal, is a tier-one supplier of composite components to the automotive and heavy truck industries. The company’s capabilities include Class A body panels, structural and underbody components using a variety of materials and processes, including sheet moulding compound (SMC), carbon fibre SMC, pre-preg compression moulding (PCM), direct long fibre thermoplastic (D-LFT) and glass mat thermoplastic (GMT).
The company has two manufacturing locations in Portugal serving a variety of European OEM customers including Jaguar, Land Rover, BMW, Mercedes, Volkswagen and Bentley.

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