Minnesota Rubber and Plastics of Plymouth, MN at COMPAMED 2022 in Düsseldorf -- COMPAMED Trade Fair
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Company news

Date

Topic

02 Aug 2022

KKR Agrees to Sell Minnesota Rubber and Plastics to Trelleborg in Another Win for Employees

MINNEAPOLIS & NEW YORK – August 2, 2022 – KKR, a leading global investment firm, today announced the signing of an agreement to sell Minnesota Rubber and Plastics (“MRP” or the “Company”), a leading provider of materials science-based elastomer and thermoplastic solutions, to Trelleborg Group (“Trelleborg”), a leader in engineered polymer solutions, in a transaction valued at approximately US$950 million.

The transaction, which is subject to customary regulatory approvals, is expected to close before year-end 2022.

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03 Jun 2022

Minnesota Rubber & Plastics Opens Innovation Center at Global Headquarters

Grand opening event unveiled the new facility which is set to offer an immersive design-prototype-test-build process for customers

MINNEAPOLIS – June 3, 2022 - 
Quadion LLC, d.b.a. Minnesota Rubber & Plastics, a leading provider of highly engineered elastomer and thermoplastic solutions announced the opening of its state-of-the-art Innovation Center adjacent to the company’s corporate headquarters in Plymouth, Minn.

The new 9,000 sq. ft. innovation center will provide customers with direct access to some of the industry’s foremost materials scientists and engineers in an immersive design-prototype-test-build process. Whether customers engage in-person or online, the result will be the same: a game-changing engineer-to-engineer collaboration experience that helps to bring innovations to life faster.

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07 Mar 2022

Minnesota Rubber and Plastics Acquires Primasil Silicones Ltd.

Acquisition To Add Advanced Silicone Formulation and Compounding Expertise; Expanded Manufacturing Footprint in Europe

MINNEAPOLIS – March 7, 2022 - Quadion LLC, d.b.a. Minnesota Rubber and Plastics (MRP), a leading provider of highly engineered elastomer and thermoplastic solutions for the medical, water and specialty industrial end markets, announced today its acquisition of Primasil Silicones Ltd. (Primasil), a Weobley, U.K.-based custom silicone rubber compounder, mixer and manufacturer specializing in the medical, HVAC and specialty industrial end markets.

The addition of Primasil’s capabilities will complement MRP’s existing offerings, which include highly engineered elastomer and thermoplastic solutions for the medical device, water, food and beverage, infrastructure and other essential industries globally. MRP built its strong reputation over its more than 75-year history for designing, developing, manufacturing and assembling products for harsh environments, tight tolerances and technically demanding applications, including multi-material solutions and custom material formulations.

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