“We invest in plastic composite companies and financially support their development. We invest for the longer term, not for short term gain, and aim to strategically align our investments with the industrial and commercial activities of the Plasticon Composites group of companies.”
Who we are
Welna is an industrial holding and investment company. Welna is the sole shareholder of the Plasticon Group of companies, which consists of the Business Units: Plasticon Composites, Plasticon International Contracting and Plasticon China. They are independently managed and financed but cooperate commercially and technically.
Plasticon, a company founded in 1950 and producer of Glass Fiber Reinforced (“GRP”) vessels and piping, was partly acquired in 1959 via Welna. In 1961 Welna became the 100% shareholder. After the textile business was divested in the 1970’s, Welna focused on acquiring a number of other GRP companies which were all combined under the Plasticon brand name.
Welna was founded in 1965 by the Ter Kuile family . Its purpose was to hold, but keep separate, the original Ter Kuile textile business from the newly acquired plastic companies.
What we do
Welna tracks and guards the performance and development of the portfolio companies.
We oversee and coordinate the financing of the companies.
We act as a sounding board to management in strategic, financial and operational matters.
Due to our lean structure and sound experience, we are able to make quick decisions to support our investments at any time.
Add-on investments
Welna is constantly looking for investment opportunities that would strengthen
or diversify the Plasticon Group of companies. The focus is on companies with products comparable to Plasticon’s and serving the same markets.
Contact usOur investment profile is:
- Industrial manufacturing, service and installation companies in all geographies
- With sales between €5 and €50 million
- Active in the plastics, glass fibre - or carbon fibre reinforced plastics industry, and servicing the chemical-, energy-, semiconductor-, metals and mining -, water- or hydrogen industry
Plasticon Group
The Plasticon Group of companies is Europe’s largest producer of GRP (Glass Fibre Reinforced Plastics) and dual laminate products.Â
GRP products, mostly process vessels and piping, are used where there is a need for corrosion resistance solutions. Main applications are in the chemical, water and wastewater, energy and metals- & mining industry, but there are also fast growing, newer applications in the semiconductor and hydrogen industry.
Plasticon is able to deploy large teams on-site to maintain, repair or install process equipment and piping systems in a short period of time, for example during shutdowns. To guarantee optimal quality, Plasticon has its own educational center in Poland where staff is trained in the unique skill of applying GRP. Customer’s are mostly end users, but also EPC (Engineering Procurement Construction) companies that design and build plants for the end-users.
The Plasticon Group of companies, are separated into three divisions: Plasticon Composites, Plasticon International Contracting and Plasticon China. They operate out of seven main locations with
more than 600 employees in Germany, Poland, The Netherlands (2), Belgium, Austria, China. The three divisions are independently managed and cooperate commercially next to leveraging on their technological expertise
01
Plasticon Composites
02
Plasticon China
03
Plasticon International Contracting
History
Stay in touch
Whether you would like to learn more about our investment strategy, explore a partnership, or if you are looking for specific information, please contact Glenn Dedecker, Chief Financial Officer at Welna.
Phone
+31(0)88 85 84 970