BTP was founded in 2006 by Andrew Leigh. The company is an engineering thermoplastics compounding and tolling company specializing in the production of proprietary nylon compounds. Its certifications include ISO 9001 and TS 16949.

"This purchase will allow us to better serve our European customers and expand our compounding capacity and capabilities," said John Saunders, Ascend's European leader. "We have a long relationship with BTP and look forward to realizing greater operational efficiency and experience. We are excited to have Andy Leigh and the BTP team join Ascend."

BTP's employees will transition immediately to Ascend. Leigh will join Ascend's global management team as director of compounding technology.

"This is an exciting chapter for both companies," said Leigh. "We look forward to expanding Ascend's reach and gaining world-class operational management."

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