Impreglon AG Conquers East Coast According to BAC Report23 Sep 2011 • by Natalie Aster
LONDON - Acquisitions are a key to Impreglon expansion. Coating service is a local business. Impreglon generates 80% of its revenues from customers within a radius of 200 km (in Europe) and 300 mi (in USA) from the production plants. Logistics costs could easily surpass the coating costs in farther distances, which could have prohibitive effects. The third plant in Baltimore recently acquired from Applied Coating Systems serves as a connecting link between two existing sites in Atlanta and Boston. This is the third acquisition for Impreglon in 2011. Impreglon’s footprint on the US East Coast is reasonably strengthened. The company is able to nearly serve all East Coast. Impreglon has reputation of a globally leading player for coating services able to guarantee larger customers identical coatings in different regions.
Impreglon recent financial indices confirm excellent results of FY 2010. In Q2 2011 revenue and net income rose by 39.7% and 325% respectively, amounting to EUR 18.3 M and EUR 1.2 M. OEM and Automotive business segments were the driving force for this growth. In 2010 the indices equaled EUR 55.2 M and EUR 2 M respectively, a 48% and 166.7% increase. Revenues generated outside Europe (and mainly in USA) contributed the most to the resulting numbers.
Founded in 1982 and headquartered in Lüneburg (Germany), Impreglon AG engages in development and application of surface coatings designed especially for different purposes. The company serves automotive, chemical, plastic, printing, food, mechanical, packaging and non-woven materials industries. It is public and listed at Frankfurt Stock Exchange in 2006.
Further information on the company’s activities, financial performance, strong and weak sides can be found in the report “Impreglon AG Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis” recently published by Market Publishers Ltd.
Title: Impreglon AG Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis
Date: Sep, 2011
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