Thermoplay® s.p.a. acquired by Barnes Group Inc.

July 23, 2015 --- Thermoplay® S.p.A. today announced it has signed an agreement to be acquired by Barnes Group Inc. of Bristol, Connecticut, USA.

Thermoplay specializes in the design, development, and manufacturing of hot runner solutions for plastic injection molding applications primarily in the packaging, automotive, and medical end markets. The Company’s headquarters and manufacturing facility are located in Pont-Saint-Martin, Italy, with technical service capabilities in Germany, France, United Kingdom, Portugal, Brazil, China, and India. Thermoplay has annual revenues of approximately €35 million and over 200 employees serving customers worldwide.

Founded in 1857, Barnes Group Inc. (NYSE: B) is an international industrial and aerospace manufacturer and service provider, serving a wide range of end markets and customers. The highly engineered products, differentiated industrial technologies, and innovative solutions delivered by Barnes Group are used in far-reaching applications that provide transportation, manufacturing, healthcare products, and technology to the world. Barnes Group has approximately 4,500 employees, at more than 60 locations worldwide.

"The combination of Thermoplay and Barnes Group enhances our ability to serve our customers and opens new opportunities for long-term growth," said Roberto Enrietti, Chief Executive Officer of Thermoplay. "Becoming part of Barnes Group will strengthen Thermoplay’s competitive position, provide strategic investment for geographic expansion, and allow both companies to realize faster growth together than each could achieve on its own."

Upon the closing of the transaction, expected in August 2015, Thermoplay will operate as a business unit within Barnes Group’s Industrial segment.






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