POLYTEC PASSION CREATES INNOVATION

33 YEARS OF POLYTEC HISTORY

Milestones in the success story of the POLYTEC GROUP

Over 30 years ago, Friedrich Huemer founded the POLYTEC company with the production of show groomer fi nishers in a rented hall in Schlüsselberg. Since then, a great deal has changed. From a single, tiny production location, the POLYTEC GROUP has evolved into a global concern on 4 continents and a workforce of over 4,300.

Here you can see the most important milestones in the success story of the POLYTEC GROUP:

POLYTEC-Finischer für Pistengeräte
1986
Foundation of the POLYTEC GROUP

The first order for POLYTEC involves the production of moulded polyurethane components (e.g. finishers for snow groomers).

Bild vom Produktionsbereich CAR STYLING
1995
Entry into the automotive sub-supply industry

The purchase of f/o/r Kuststofftechnik results in POLYTEC’s entry into the automotive sub-supply industry. Friedrich Huemer hands over the management of POLYTEC INDUSTRIAL to his wife Ulrike.

2000
Capvis investment

The Swiss private equity fund Capvis takes a majority interest in POLYTEC with a 67% participation. Friedrich Huemer retains the remaining shares and the company’s real estate.

Bild POLYTEC Lohne
2002
Expansion in the injection moulding field

The takeover of today’s POLYTEC PLASTICS’ locations in Idstein and Lohne results in expansion in the engine compartment product portfolio.

Bild Produktion
2004
Expansion in interior area series business

The acquisition of seven plants in a single transaction constitutes the largest step in company history to date. For POLYTEC this means significant expansion in interior area business. 

2006
IPO on the Vienna Stock Exchange and departure of Capvis

In the spring of 2006, POLYTEC is admitted to the Vienna Stock Exchange. At the same time, Capvis sells its entire stock to free float shareholders and Friedrich Huemer again becomes the largest core shareholder. 

Bild POLYTEC Gochsheim
2007
Major increase in fibre composite competence

The IPO is also followed by significant company expansion. The takeover of four locations belonging to Menzolit-Frebron, the dominant competitor, leads to a substantial increase in fibre composite competence.  

2009
Sale of four Peguform locations

As a result of the global economic crisis, the four Peguform locations purchased in the previous year have to be resold. This results in the loss of the EUR 50 million in liquid funding used for the acquisition.   

2011
Sale of POLYTEC INTERIOR

Following the setback of the Peguform takeover and resale, POLYTEC rebuilds an independent financial structure through the sale of its INTERIOR business. The financial preconditions for new potential acquisitions are thus restored.  

Bild POLYTEC Roosendaal
2014
Further selective acquisitions

POLYTEC is able to expand for the first time since the financial crisis with the takeover of two locations in the Netherlands from voestalpine Plastic Solutions.

Bild vom POLYTEC-Standort Tianjin
2016
Strengthening of the global presence

Up to this point, POLYTEC had grown solely through acquisitions or the enlargement of existing locations. However, in 2016 the company moved into new territory with the building of a plant in Tinajin, China and hence the expansion of its global presence.  

Bild vom POLYTEC-Standort Telford
2018
Further consolidation of the European market position

In mid-May 2018, POLYTEC opened a new and highly modern paint shop in Telford, UK.

Bild Generationswechsel
2019
A generation change at POLYTEC

Friedrich Huemer hands over the management of the POLYTEC GROUP to his son Markus.

Bild POLYTEC Standort Weierbach
2019
Acquisition in Germany

The takeover of the automotive division of the German Wayand AG greatly strengthens the market position of POLYTEC CAR STYLING and extends the customer base.

1986
1995
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2007
2009
2011
2014
2016
2018
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2019