Skip to main content

Schweiter Technologies extends PET production capacity and takes stake in JMB Wind Engineering

Written by Customer Service on . Posted in Public Companies.

Steinhausen, April 9, 2021 – Schweiter Technologies is strengthening its 3A Composites core materials business by a PET foam production extension in Poland and has simultaneously signed and closed an agreement to acquire 40% of JMB Wind Engineering (“JMB”).

JMB (www.jmbwind.com), based in Goleniów, Poland, is a leading company in core materials kit design and production, mainly for wind turbines, with operations in Poland and Portugal.

After the successful start of a PET production line in China in 2020, to expand the capacities in Europe another satellite PET production site is planned for at JMB in Poland, which offers ideal production facilities and logistics.

JMB will continue to operate as a stand-alone entity, with the existing management team continuing to run the business from its bases in Poland and Portugal. The minority stake in JMB forms the basis of a strategic partnership with a leading European kitting company that will allow both groups to better serve their customers.

For further information please contact:
Martin Klöti, CFO
Tel. +41 41 757 77 00, Fax +41 41 757 70 01, martin.kloeti@schweiter.com

Please find the Media release in the PDF attached:

Media release (PDF)

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.