Bayer to divest polyurethane processing machinery business

02-Nov-07
With the hive off of its subsidiary Hennecke Group to the Adcuram Group, The Bayer Group will thus divest its polyurethane processing machinery business. This business does not constitute one of the company's core competencies. The sale is scheduled to be completed by the end of the year. The Hennecke Group is headquartered in Sankt Augustin near Bonn, Germany, and has over 60 years experience as a globally operating producer of polyurethane processing machinery and equipment. It is a leading international supplier, particularly in the slab foam, refrigerating appliance, sandwich panel and molded building component sectors. The company has production sites in St. Augustin (Germany), Pittsburgh (U.S.A.), Singapore and Shanghai (China).
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