Uhde acquires the engineering company INVENTA-FISCHER

26-May-2004

With retrospective effect from January 1, 2004, Uhde GmbH of Dortmund, Germany, has acquired a 100% shareholding in INVENTA-FISCHER, with branches in Domat/Ems (near Chur, Switzerland) and Berlin, Germany. INVENTA-FISCHER is a member of the Swiss EMS group and employs in total some 160 employees. The transaction is still awaiting approval from the monopolies commission.

INVENTA-FISCHER designs and builds industrial plants for the production of synthetic fibres and polymers and has a large number of proprietary processes, including first-class processes for the production of PET bottle feedstocks, technical and industrial yarns, textile fibres, filaments and tyre cord. The technologies are constantly being refined to meet increasing product requirements at the company's own research and development facilities.

"Through the acquisition of INVENTA-FISCHER, the leading company in the construction of plants for the production of polyester and polyamide, Uhde, an internationally experienced plant contractor, will strategically expand its range of processes in the field of polymers;" said Executive Board member Klaus Schneiders.

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