September 22 2017, David R Brown
Leading Australasian distributor, Redox buys specialty engineering polymers distributor, P.D. Plastics Pty Ltd
Redox (Redox Pty Ltd) has completed the purchase of the business of P.D. Plastics (P.D. Plastics Pty Ltd) an Australian specialty distributor of engineering polymers and speciality additives with a strong expertise in thermoplastic polyurethanes (TPU's).
The acquisition complements our existing product portfolio for the plastics business and supports our ability to comprehensively serve all segments of the industryRobert Coneliano
Managing Director of Redox
Robert Coneliano, Redox Managing Director said, “The acquisition complements our existing product portfolio for the plastics business and supports our ability to comprehensively serve all segments of the industry. P.D. Plastics clients will benefit from access to an expanded product range, while suppliers will gain access to our larger sales team and efficient logistics network.”
Founded in 1999 by Paul Dillon, P.D. Plastics supplies a comprehesive range of engineering plastics including PC, PBT, POM, PPE, PA6 and PA6.6, along with alloys PC/ABS, PC/PET, PC/PBT, PMMA/ABS and PPE/PA. Paul and Steven Dillon of P.D. Plastics will both be taking positions with Redox to assist in the transition of business and provide training and technical support to the Redox Plastics division.
Founded in 1965 by Roland Coneliano, Redox is a leading chemical and ingredients distributor supplying more than 1000 specialty and commodity products to customers throughout Australia, New Zealand, Malaysia and the United States of America. The company remains 100% privately owned by the Coneliano family who are still actively involved in managing the company's daily operations. In 2016, Redox reported sales revenues of AUD 533.9 million and employed more than 300 people across 4 countries.
Source(s): Redox Press Release