Monday, November 06, 2006

Strengthened injection moulding with takeover

ARRK has continued to strengthen its Full Line Product Development capability across Europe by taking a strategic shareholding in Italian injection moulding business HCM Stampi.

ARRK has continued to strengthen its Full Line Product Development capability across Europe by taking a strategic shareholding in Italian injection moulding business HCM Stampi. Located in Turin, HCM employs around 150 people and specialises in the production of automotive production plastic injection moulds, along with compression and RIM moulds. Their expertise lies in moulds for instrument panel systems and carriers, bumpers, side panels, interior and exterior trim and under bonnet components.

It is also approved to quality standard ISO 9001 and runs two plants, one in Moncalieri and one in San Martino.

The company's majority shareholding remains privately owned by family member Mr Rossi.

ARRK's investment in this business also gives them access to HCM's sister business Martinplast S.p.A.

With over 30 years experience in the production of moulds for plastic materials, Martinplast's strength lies in the moulding of technical and aesthetic parts made of plastics for all sectors.

The company is able to handle the design and construction of small, medium and large moulds.

HCM owns 100% of Martinplast.

HCM will continue to be run by Managing Director Mr Sartorelli and his management team: Mr Bregolin ( Technical Services ), Mr Gentis (Sales), Mr Gentile (Production), Mr Michelis (Purchasing), and Mr Vitrano (Quality).

Peter Rawson, European Managing Director for ARRK, explains ARRK's latest investment.

'By joining forces with one of Italy's leading tooling companies it gives us not only access to their expertise and experience in the automotive market but it also gives us a strategic foothold and facility in Italy.

We are delighted to be working with Mr Sartorelli and his team.

As a combined force both parties can now offer our customers even more in-house Full Line services'.