W&H: Purchase of Klaus Reinhold Maschinen
Windmöller and Hölscher, the German manufacturer of blown and cast film lines, has expanded its blown film portfolio by acquiring a neighbouring company. Klaus Reinhold Maschinen, which makes components for blown film lines, is also based in Lengerich. It has 95 employees and will continue to operate as an independent operation. W&H employs about 2,000 staff. The deal will be effective from 1 January 2003. Its value has not been disclosed.
W&H said that Reinhold has developed several technologies such as winders that it wishes to develop further. Reinhold also manufactures film- sizing cages, haul-off units and bag-making machines. W&H now intends to expand its activities in the extrusion sector, while Reinhold will focus on the retrofit business.