EQS-News: Krones successfully completes acquisition of injection molding technology company Netstal
Source: EQS
Corporate News Release
Krones successfully completes acquisition of injection molding technology company Netstal In the press release dated Netstal acquisition a significant strategic milestone As a leading supplier of injection moulding machines for the beverage market (PET preforms and closures), Netstal is a perfect strategic fit for Krones. For one thing, the acquisition will enable the company to provide additional innovative products, technologies and services. In addition, following the acquisition of Netstal, Krones now has all technologies required for circular PET solutions – from injection moulding of preforms to PET bottle production and from filling and packaging to used bottle recycling. With its injection moulding technology for medical applications and thin-wall packaging, Netstal also supports Krones’ strategy of diversifying into the medical/pharmaceutical market and into the food and body care sectors. Netstal will continue to manage its business self-responsible, while benefiting from the Krones Group’s international positioning and economies of scale. This and other measures will help to improve Netstal’s profitability and raise it to the level of the
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: | 1869777 |
End of News |
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1869777 28.03.2024 CET/CEST