Coram sells plastic converter DPI to Euronyl Plastics Group
1 May 2021 – Coram, owner of bathroom brands Tiger, Sealskin and Geesa among others, has reached agreement with the Belgian Euronyl Plastics Group on the sale of plastic injection moulding company DPI in Geldrop.
Coram, which owned DPI until 1 May, has undergone a major transformation in recent years. The individual bathroom companies within the group, including Tiger in Geldrop, Sealskin in Waalwijk, Geesa in Amersfoort and the international companies in the United Kingdom, Poland, Belgium, Germany and Norway, have been integrated into one Coram organisation that concentrates entirely on the development and sale of bathroom products.
Since 1 September 2020, Coram’s head office has been located in a new office in Zaltbommel. Coram wants to focus on the bathroom in the future and has therefore chosen to sell DPI.
DPI has a rich and successful history as a plastic injection moulding company, and is one of the larger players in the Dutch market. The ambition to grow in 2021 and beyond will be further realised with the acquisition by Euronyl. DPI (Dielco Plastic Industries BV) will continue under the name Euronyl-DPI BV as of 1 May 2021.
Euronyl Plastics Group, headquartered in Nazareth, Belgium, was founded as a group in 2006. Thanks to a series of successful acquisitions and integrations, Euronyl Plastics has grown into one of the largest suppliers of plastic products to a variety of markets and different customers. Including Euronyl-DPI, the group produces on more than 400 machines, from 30 tons to 2300 tons, a variety of products in and for a large number of Western and Eastern European countries.
With the acquisition of DPI, Euronyl gains a further foothold in the Dutch market and secures a strong base with capacity and expertise to better serve its customers in this region.
Rob Peters, CEO Coram
Tony Beeuwsaert, CEO Euronyl Plastics Group