aluplast Acquires Chelsea Building Products
Germany-based aluplast acquired Chelsea Building Products. Chelsea Building Products will continue to operate independently in Oakmont, Pennsylvania, and will maintain its identity in the marketplace.
“Everyone at Chelsea is looking forward to the partnership with this successful global company,” says Peter Dewil, president and CEO of Chelsea Building Products. “It will bring additional technological expertise and research to integrate into our current processes.”
Dirk Seitz, CEO of aluplast, adds, “We see Chelsea as a cornerstone of our global strategy. This partnership, and the experience and knowledge of the market that Chelsea brings, will allow us to build a strong platform for substantial growth in the United States.”