Krones successfully completes acquisition of injection molding technology company Netstal
The acquisition remained subject among other things to regulatory approval. Krones has now received that approval with no conditions. The acquisition of the injection molding technology company is thus final. Krones will consolidate Netstal in the Filling and Packaging Technology segment as from 28 March 2024. In the financial year 2023, Netstal generated revenue of more than €200 million with around 560 employees. Netstal’s operating profitability is currently below that of the Krones Group.
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