M2Capital takes over the technical papers division of Cordier Spezialpapier ltd. under DYNOS

 

The DYNOS Group, the world's leading manufacturer of vulcanized fiber, has acquired the technical papers division of Cordier Spezialpapier GmbH out of bankruptcy.

DYNOS, based in Troisdorf, near Cologne, produces the environmentally friendly material vulcanized fiber, which is made by parchmenting several cotton-containing paper webs. The converted natural product made from renewable raw materials is used as a carrier material for flexible grinding wheels and, among other things, for a variety of technical applications. Since the 1970s, the company has been investing in modern systems, extensive development work, quality checks and environmental friendliness.

With the acquisition of the Technical Papers division of Cordier Spezialpapier ltd. at the production sites in Bad Dürkheim and Mühltal, the continued existence of the business operations there is secured. DYNOS intends to integrate preproduction into its manufacturing process and expects significant gains in development and production as well as further improvement potential on the product side. In addition, the product portfolio of further customers for technical specialty papers is to be strengthened and expanded.