Vital Materials acquires German company FHR Anlagenbau

China-based minor metals producer Vital Materials has acquired the Germany-based company FHR Anlagenbau, Vital told Fastmarkets on Friday March 20.

The company - with headquarters in Ottendorf-Okrilla in Dresden, Germany - will be integrated into Vitals’ thin film material business unit.

The transaction completed on March 17 includes all assets, tangible and non-tangible from the previous owner Centrotherm International, based in Blaubeuren, Germany.

FHR is engaged in developing industrial scale vacuum-based equipment for thin film deposition on flexible and rigid substrates. The company...


Cristina Belda

March 23, 2020

17:50 GMT