(Plastics Today) -- 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.
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.
Dugdale is targeting a double-figure increase in volume output over the next 12 months. Central to the strategy is a new compounding line commissioned in July 2010 that will be used to produce new flexible PVC compounds, including the additional grades from Berwin.