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3/11/2013 | 1 MINUTE READ

Cato Composites merges Norway and Netherlands operations

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The two independent companies, both active in thermoplastic composite component development and manufacturing, will unite at the Cato Composite Innovations BV site in Doesburg, The Netherlands.


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Cato Composites AS (Cato Norway, Halden, Norway) and Cato Composite Innovations BV (Cato NL, Doesburg, The Netherlands) confirmed March 1 that they are merging. The result will be one company at a single location, in Doesburg. Both companies have been active in thermoplastic composite component development and manufacturing, respectively, since 1996 and 2008.

This past December, both companies agreed to the acquisition of the equipment and thermoplastic composite technology of Cato Norway by Cato NL. The transaction includes the military helmet production line, with a capacity of 90,000 helmets per year and a production line for composite consumer electronic housings, with a capacity of as many as 2 million components per year. The equipment is currently being installed at Cato NL in Doesburg.

After the sale of its shares in Bond-Laminates GmbH (Bilon, Germany) to Lanxess (Leverkusen, Germany, the maker of TEPEX thermoplastic composite material) in September 2012, Cato Ringstad AS, the parent company of Cato Norway, decided to divest its activities in thermoplastic composites component manufacturing as well. General manager Jan Werner Olsen says, “We were happy to transfer this business to Cato NL, whose managers have been close cooperation partners through Bond-Laminates ever since 1996."

“Having the opportunity to acquire the helmet and electronics business of Cato Norway is a great opportunity for us," says Joost van Lindert, managing director of Cato NL. “We have moved all assets to our facilities in Doesburg and are integrating these production lines within our existing production capabilities." These include thermoforming presses: A 250-ton press, two at 100-tons and one at 60-tons, as well as injection molding facilities for hybrid composite components, for a total of seven production machines.

"Together with in-house engineering capabilities and more than 20 years of experience in thermoplastic composite materials and applications, this makes us one of the most experienced and best equipped companies focusing on thermoplastic composites component development and manufacturing globally,” claims Olsen.

Cato Composite Innovations BV develops and manufactures hybrid thermoplastic composite components (see photo, for example) and provides series-production, lightweight products for aircraft interior, personal ballistic protection, high speed machines, consumer electronics, luggage and sporting goods.

For more information, contact Michel Jansen, Tel.: +31 (631) 972721; E-mail: michel.jansen@ctoci.com; Web site: www.catoci.com.


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