RAMPF buys Innovative Polymers

With this acquisition, RAMPF is set to further expand its range of products in the NAFTA markets.

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RAMPF, Wixom, Mich., has acquired Innovative Polymers, St Johns, Mich. a provider of polyurethanes for tooling and modeling applications. With this acquisition, RAMPF is set to further expand its range of products in the NAFTA markets.

Innovative Polymers will be integrated into RAMPF’s North American subsidiary, RAMPF group, which offers RAKU PUR modeling and styling boards, close sontour castings, blocks and pastes, as well as liquid systems on the NAFTA markets since 2003.

“The acquisition of Innovative Polymers will enable us to expand our product portfolio and to open up new business opportunities in industries in which we are already active in. Furthermore, we will be able to enter new markets, for example oil and gas, and the railway industry,” said Jürgen Penker, CEO of RAMPF Group.

RAMPF also sees great potential for the development of new products and services going forward. Innovative Polymers was founded in 1995 and the company currently employs twelve people. Its polyurethane products are used in a wide variety of industries and applications, such as automotive, electronic equipment and encapsulation, architecture, medical, as well as sports and recreation.

The facilities in St. Johns will be retained, enabling the RAMPF Group to expand its production capacities and to serve customers even better and faster.

"We are very excited to become part of the RAMPF family,” said Lewis Leonard, founder of Innovative Polymers. “After detailed discussions, it became obvious that our company and RAMPF are a great fit to provide customers with more service and technology. We not only share a deep commitment to our customers, but also to our employees – and that made our decision to join RAMPF an easy one."

Earlier this year, RAMPF bought the Canadian company Apex Composites, a composites supplier to companies in the aerospace and medical industries. “The expansion of our existing portfolio of products and solutions is part of our long-term strategy, which spans until the year 2030,” said Michael Rampf, CEO of RAMPF Holding.

“The consequent internationalization of our group plays an important role in this. And together with China, the NAFTA markets are the biggest growth drivers for our engineering and chemical products and solutions.”