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23 08 2018 01

Teijin Limited has acquired Inapal Plasticos SA (Inapal), a leading automotive composite supplier in Portugal. The shares of Inapal will be purchased by Teijin Holdings Netherlands B.V., the Teijin Group’s holding company in the Netherlands. The acquisition was completed at the beginning of August 2018, following the satisfactory completion of customary closing conditions, including regulatory approval.

Inapal is a Tier One supplier of composite components to the automotive and heavy truck industries. The company’s capabilities include Class A body panels, structural and underbody components using a variety of materials and processes, including sheet molding compound (SMC), carbon fiber SMC, pre-preg compression molding (PCM), direct long fiber thermoplastic (D-LFT) and glass mat thermoplastic (GMT).

The company has two manufacturing locations in Portugal serving a variety of European OEM customers including Jaguar, Land Rover, BMW, Mercedes, Volkswagen and Bentley.

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