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Management buys moldmaker Axxicon from Mikron.


Axxicon Mould mould,
n See mold.


mould

mold.
 Technology, Eindhoven, the Netherlands (U.S. office is in Aliso Viejo, Calif.), has been acquired from Mikron mi·kron
n.
Variant of micron.
 Technology Group of Switzerland by a management-led buyout Buyout

The purchase of a company or a controlling interest of a corporation's shares.

Notes:
A leveraged buyout is accomplished with borrowed money or by issuing more stock.
. Axxicon specializes in highly engineered molds used in such markets as optical discs, medical components, and mobile telephones. It was bought by Mikron three years ago. Tel: (949) 360-9400 * PTDirect: 662QH
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Plastics Technology
Date:Sep 1, 2004
Words:58
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