Acquisition of MHT Krones strenghtens its PET capabilities

Nov. 16, 2018
Krones, a leading manufacturer of filling and packaging solutions, has acquired MHT Holding AG (MHT).
Krones, a leading manufacturer of filling and packaging solutions, has acquired MHT Holding AG (MHT). MHT, based in Hochheim, Germany, together with its subsidiaries is providing injecting molding tools and services to the PET industry. The company generates approximately ?25 million revenues with 125 employees.The acquisition of MHT closes a gap in the Krones PET value chain and represents an upstream extension of the Krones portfolio into tooling for PET preform manufacturing. Customers increasingly demand such integrated solutions. Together with MHT, Krones can now offer a broader portfolio for PET solutions.MHT's headquarter will remain at Hochheim with the current management to continue to run the business.In April 2018, Krones acquired 70% in Integrated Plastics Systems AG, Switzerland. Integrated Plastics Systems AG is focussing on providing turnkey PET injection molding solutions for the beverage industry. The acquisitions of MHT and Integrated Plastics Systems AG are both enhancing the Krones PET competence and portfolio.

Sponsored Recommendations

Forget complex programmingget smarter, faster automation with MOVI?C. With scalable performance, multibus flexibility, and safety built in, its control tech that adapts to ...
Looking for speed, accuracy, and zero maintenance? SL2 synchronous linear motors deliver high-performance motion without wear partsperfect for pick-and-place, handling, and precision...
Say goodbye to complex programming and hello to effortless automation. With SEW-EURODRIVEs MOVI-C control tech, you get powerful motion control, ready-to-use software modules...
Discover how one of the busiest airports in the U.S. upgraded its baggage handling system to meet strict energy goals and boost performance. See how SEW-EURODRIVE helped American...