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Bayer acquires thermoplast maker
Tuesday, 17 March 2015

Bayer MaterialScience has concluded the takeover of Thermoplast Composite GmbH (TCG) a manufacturer of thermoplastic fibre composites based Langenfeld, Germany.

The takeover gives Bayer access to innovative technology know-how as well as key patents and facilities and all employees are to be retained. TCG?s production capacity will now be expanded, with the first step being to expand production in the Nuremberg metropolitan region. Capacities in other regions will be added in the future.