# Ringmetall SE acquires Rhein-Plast GmbH business in asset deal

Ringmetall SE agreed to acquire the business, production plants and property of Rhein-Plast GmbH through an asset deal. Rhein-Plast has about 80 employees and annual sales of around EUR 13 million, and makes polyethylene films and bags in Bad Dürkheim.

- Type: Acquisition
- Announced: 2022-01-20
- Where: Bad Dürkheim, Germany
- Status: announced
- Products: polyethylene monofilms, polyethylene bags and sacks, liners
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Ringmetall SE](https://endata.com/companies/8816.md) (acquirer)
- [Rhein-Plast GmbH](https://endata.com/companies/8817.md) (target)

## Sources

- [finanznachrichten.de](https://www.finanznachrichten.de/nachrichten-2022-01/55027297-dgap-news-ringmetall-se-ringmetall-steigert-mit-zukauf-von-rhein-plast-fertigungstiefe-und-erweitert-produktportfolio-im-bereich-inliner-022.htm), 2022-01-20: "Die Ringmetall SE hat sich mit der Rhein-Plast GmbH auf die Übernahme des Geschäftsbetriebs sowie der Produktionsanlagen und -immobilien der Gesellschaft im Rahmen eines Asset Deals geeinigt."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.