Star Thermoplastic Alloys and Rubbers, Inc.

HEXPOL has acquired 100% of the shares in American TPE compounder Star Thermoplastic Alloys and Rubbers, Inc. for $26.5 million on a cash and debt free basis, establishing a presence in the US TPE market.

HEXPOL has acquired 100% of the shares in Star Thermoplastic Alloys and Rubbers, Inc., a TPE compounder near Chicago, Illinois, for $26.5 million on a cash and debt free basis. The acquisition establishes HEXPOL's presence on the American TPE market.