EQS-News: Krones intends to expand its portfolio into injection molding with the imminent acquisition of Netstal
Source: EQS
Corporate News Release Krones intends to expand its portfolio into injection molding with the imminent acquisition of Netstal Krones is close to sign an agreement regarding the acquisition of 100% of In the 2023 fiscal year, Netstal generated with a workforce of more than 500 employees revenue of more than The acquisition of Netstal is benefitting Krones on various dimensions. Netstal’s PET and Cap businesses complement Krones’ product portfolio for the beverage market. With respect to PET closed-loop solutions Krones then covers all technologies required from injection molding to PET container production through to filling/packaging and recycling. The medical and thin-wall packaging segments of Netstal support the Krones strategy to diversify into the medical/pharma market as well as into food and home-personal-care applications. Netstal will retain its business responsibility within Krones, while benefitting from the international set-up and scale of Krones. The final signing of the transaction is scheduled for beginning of
Contact:
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Language: | English |
Company: | |
Böhmerwaldstraße 5 | |
93073 Neutraubling | |
Phone: | +49 (0)9401 701169 |
Fax: | +49 (0)9401 709 1 1169 |
E-mail: | investor-relations@krones.com |
Internet: | www.krones.com |
ISIN: | DE0006335003 |
WKN: | 633500 |
Indices: | MDAX |
Listed: | Regulated Market in |
EQS News ID: | 1824529 |
End of News |
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1824529 29.01.2024 CET/CEST