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Company secured new homes for the lines in Southeast Asia, Europe and U.S.
Released By Investkonsult Sweden
January 14, 2020
Investkonsult Sweden, the specialized broker and consultant for the nonwoven and absorbent hygiene producers globally, has from the end of 2018 to the end of 2019 brokered three Reicofil lines and thus secured new “homes” for them, so that the previous owners did not have to scrap them. “Our opinion is that we are the only company in the industry that successfully have brokered and sold Reicofil lines,” says Johan Berlin, managing director of Investkonsult Sweden. “The three lines sold over this last year is in complement to one other Reicofil and one line with STP technology that we sold in 2016 and 2017 respectively. When we sold the first one in 2016, it was the first Reicofil 3-series line ever to shift hands (excluding full company acquisitions of course).” says Berlin. “Strangely enough the spread on where the lines have gone has been somewhat erratic, but that only proves that there is still life for these lines and if you know your markets well enough, it’s possible to find clients. The first line we shifted went from Europe to Southeast Asia, then we had one with STP technology that went from South America to Europe, and during this 12-month period, we have seen one line go also within Europe, one line from Middle East to Europe and the last one with SMMS-technology from one company in the U.S. to another company in the U.S. “Also during 2018 we commissioned the first dedicated two-beam meltblown line in India as well and that was a full turn-key operation, not only brokering the line from seller to buyer, but actually performing the full start-up and commissioning in India,” Berlin concludes.
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