Circular weaving machine ADVANTEXfor technical fabric
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Characteristics
- Application
- for technical fabric
- Other characteristics
- circular
Description
Summary
Windmöller & Hölscher (W&H) has sold its woven packaging division to Austrian specialist Starlinger. The transaction includes the transfer of the subsidiary W&H Machinery GmbH based in Vienna, which employs approximately 25 people.
Statements from W&H
CEO Dr. Falco Paepenmüller explains that divesting the woven sack division allows W&H to concentrate resources on targeted growth in the paper and film packaging markets. He underlines that ensuring continued reliable service and support for customers in the woven packaging segment was a decisive criterion in selecting the buyer.
Statements from Starlinger
Angelika Huemer, CEO and Managing Partner of Starlinger, states that the acquisition expands Starlinger’s portfolio and enables more tailored solutions for producers of sustainable woven plastic packaging. She expects synergy effects and customer benefits in both technology and through Starlinger’s global sales and service network.
Transaction and confidentiality
The financial terms of the transaction are contractually confidential. Publication date: 18.12.2024.
Company profiles
Windmöller & Hölscher (headquartered in Lengerich) is a global manufacturer of machines and systems for the production of flexible packaging. Starlinger (headquartered in Vienna) is a global market leader for machines producing woven sacks and a technology leader in plastic recycling plants.
Characteristics / technical specifications
Windmöller & Hölscher (W&H) has sold its woven packaging division to Austrian specialist Starlinger. The transaction includes the transfer of the subsidiary W&H Machinery GmbH based in Vienna, which employs approximately 25 people.
Statements from W&H
CEO Dr. Falco Paepenmüller explains that divesting the woven sack division allows W&H to concentrate resources on targeted growth in the paper and film packaging markets. He underlines that ensuring continued reliable service and support for customers in the woven packaging segment was a decisive criterion in selecting the buyer.
Statements from Starlinger
Angelika Huemer, CEO and Managing Partner of Starlinger, states that the acquisition expands Starlinger’s portfolio and enables more tailored solutions for producers of sustainable woven plastic packaging. She expects synergy effects and customer benefits in both technology and through Starlinger’s global sales and service network.
Transaction and confidentiality
The financial terms of the transaction are contractually confidential. Publication date: 18.12.2024.
Company profiles
Windmöller & Hölscher (headquartered in Lengerich) is a global manufacturer of machines and systems for the production of flexible packaging. Starlinger (headquartered in Vienna) is a global market leader for machines producing woven sacks and a technology leader in plastic recycling plants.
Characteristics / technical specifications
- Transaction: Sale of W&H woven packaging division
- Seller: Windmöller & Hölscher (W&H)
- Buyer: Starlinger (Austria)
- Entity transferred: W&H Machinery GmbH (Vienna)
- Employees affected: approx. 25
- Geographical references: W&H headquartered in Lengerich (Germany); transferred unit in Vienna (Austria)
- Publication date (article): 18.12.2024
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