Krones acquires German pallet handling company

Krones (Thailand) Co Ltd

Friday, 06 March, 2015

Krones AG has acquired 100% of the shares of German company Schaefer Förderanlagen-und Maschinenbau GmbH.

Schaefer has a focus on engineering and after-sales service of pallet handling solutions for the beverage industry. The company achieved a turnover of approximately €2 million in 2014.

Krones says Schaefer’s expertise and patent portfolio will complement its own packaging technology.

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