The transaction includes a composites manufacturing facility and ancillary buildings totalling 12,000 square metres of closed space; over 230,000 square metres of industrial land; and a highly skilled workforce.
NABI Kaposvar built full composite city buses from 2002 to 2013 for American cities, including Los Angeles, Phoenix, Tampa, and others. The facility employed 230 people with an extensive knowledge-base in composites and 11 years of experience in high-end composites manufacturing.
The NABI team in Hungary was trained at TPI Composites’ facilities in the United States from 2001 to 2002. Scottsdale, Arizona-based TPI is a global provider of structural composites products for the wind energy, military, and transportation markets.
NABI’s legacy complements METYX Composites’ manufacturing expertise gained from a decade of serving composites customers across industries. METYX adds that this expansion builds on its acquisition of LEDA and ACT assets in Mondavio, Italy in 2012. METYX Composites says that is building a global manufacturing network.
The former NABI facility will function as METYX Composites Hungary beginning the first quarter of 2014. Ugur Ustunel, Co-Director METYX Composites explains: “We will duplicate some our existing METYX Composites business units in Hungary to strengthen our presence in Europe and to provide logistical advantages to regional customers and beyond. In parallel, we will follow opportunities in downstream composite products with the goal of developing new products and services to support our elite customer base.”
METYX Composites is a division of Telateks A.S., is a manufacturer of high-performance technical textiles, including: multiaxial reinforcements (e-glass, aramid, carbon, and hybrids), carbon reinforcements, RTM reinforcements, woven reinforcements, and vacuum bagging products.