Future Materials Group has been working closely over several years with Sumitomo Bakelite Co. Ltd to define the company’s strategy for growth, and to deliver acquisition assistance. The firm has provided extensive target search and validation, and full technical and commercial due diligence.
The strategic acquisition of Vaupell allows Sumitomo Bakelite Co. Ltd to extend its High Performance Plastic technologies from its leading position in automotive components, into the dynamic and growing aircraft interiors market.
Henny Van Dijk, Managing Executive Officer, responsible for European Operations, Sumitomo Bakelite Co. Ltd commented: “Future Materials Group have been instrumental in providing sector strategy to us over recent years. FMG investigated the essential business rationale, and confirmed that both firms were able to gain synergies from markets and technologies.”