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Old 26-07-2014, 21:22   #1
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New England Ropes swallowed up

by a European company??

Maybe not news to many, but I was surprised when I went to the New England Ropes web site and found that it was now Teufelberger Fiber Rope Co.

Another American manufacturer on hard times?
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Old 26-07-2014, 21:56   #2
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Re: New England Ropes swallowed up

Quote:
Originally Posted by redsky49 View Post
by a European company??

Maybe not news to many, but I was surprised when I went to the New England Ropes web site and found that it was now Teufelberger Fiber Rope Co.

Another American manufacturer on hard times?
Doesn't necessarily mean it was on hard times, although that's quite possible. Some companies are acquired simply because they're good businesses and have the potential for a good return.
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Old 27-07-2014, 07:00   #3
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Re: New England Ropes swallowed up

The acquisition was completed in 2007. Most likely looking for efficiencies and perhaps a more global position - German company looking to expand into the US. Still pretty high flying times in 07 - maybe just an opportunity to cash out?


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Old 27-07-2014, 07:15   #4
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Re: New England Ropes swallowed up

And the new web site sucks big time.
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Old 27-07-2014, 07:32   #5
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Re: New England Ropes swallowed up

Teufelberger is the parent company which owns FSE Robline
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