Germany’s Unicor purchases Canadian downstream equipment builder Adescor

Ontario-based downstream extrusion equipment maker Adescor Inc. has been purchased by Unicor GmbH, a German manufacturer of pipe corrugating equipment.

The terms of the deal have not been disclosed.

Unicor’s Tony Kime will run the Adescor business as president, Unicor said in a news release. Adescor’s previous president, Bill Kime, will retire but be available as a consultant for the company.

Headquartered in Exeter, Ont., Adescor develops, builds, and distributes downstream equipment for the production of corrugated pipes, including saws, cutters, bell in-line trimmers, and numerous other pieces of equipment used in pipe extrusion plants.

The company’s key market is North America, and – according to Unicor – the purchase gives the German company an expanded operation. “With the products and service that meet the demands of the North American market, we are able to strengthen our position there,” said Unicor’s managing director Klaus Kaufmann. “As of now, we will add the Adescor program to the Unicor range of products and offer them worldwide.”

Unicor will present the Adescor product line at its exhibition stand at the K show in Dusseldorf, Germany in October, he added.