Plastic packaging CUTTEXflexible packagingfor sackswoven
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Characteristics
- Type
- plastic
- Product applications
- flexible packaging, for sacks
- Other characteristics
- woven
Description
Summary
Windmöller & Hölscher (W&H) has sold its woven packaging division to the Austrian company Starlinger. Starlinger is taking over the subsidiary W&H Machinery GmbH, based in Vienna, which has around 25 employees.
Details
'The decision to part with our woven sack division allows us to focus our resources on targeted growth in the paper and film packaging market, while woven packaging products are fitting perfectly into the existing portfolio and infrastructure of Starlinger', explains CEO Dr. Falco Paepenmüller. 'When we chose the buyer, it was especially important for us that our customers in the woven packaging market continue to receive excellent and reliable service and support.'
'The acquisition of W&H's woven packaging division means that we can extend our portfolio and offer even more individual solutions to producers of sustainable woven plastic packaging,' said Angelika Huemer, CEO and Managing Partner of Starlinger. 'We expect synergy effects and advantages for our customers not only with regard to technology, but also through our well-developed worldwide sales and service network.'
Transaction Notes
The financial details of the transaction are subject to contractual confidentiality.
Company Context
Windmöller & Hölscher, based in Lengerich, is one of the world’s leading manufacturers of machines and systems for the production of flexible packaging. Starlinger, headquartered in Vienna, is a global market leader for machines for the production of woven sacks and a technology leader in plastic recycling plants.
Characteristics / Technical specifications
Windmöller & Hölscher (W&H) has sold its woven packaging division to the Austrian company Starlinger. Starlinger is taking over the subsidiary W&H Machinery GmbH, based in Vienna, which has around 25 employees.
Details
'The decision to part with our woven sack division allows us to focus our resources on targeted growth in the paper and film packaging market, while woven packaging products are fitting perfectly into the existing portfolio and infrastructure of Starlinger', explains CEO Dr. Falco Paepenmüller. 'When we chose the buyer, it was especially important for us that our customers in the woven packaging market continue to receive excellent and reliable service and support.'
'The acquisition of W&H's woven packaging division means that we can extend our portfolio and offer even more individual solutions to producers of sustainable woven plastic packaging,' said Angelika Huemer, CEO and Managing Partner of Starlinger. 'We expect synergy effects and advantages for our customers not only with regard to technology, but also through our well-developed worldwide sales and service network.'
Transaction Notes
The financial details of the transaction are subject to contractual confidentiality.
Company Context
Windmöller & Hölscher, based in Lengerich, is one of the world’s leading manufacturers of machines and systems for the production of flexible packaging. Starlinger, headquartered in Vienna, is a global market leader for machines for the production of woven sacks and a technology leader in plastic recycling plants.
Characteristics / Technical specifications
- Publication date: 18.12.2024
- Publication location: Germany | Lengerich
- Seller: Windmöller & Hölscher (W&H)
- Buyer: Starlinger (Austria)
- Subsidiary transferred: W&H Machinery GmbH (based in Vienna)
- Employees affected: around 25
- Financial details: subject to contractual confidentiality
- Seller core business: machines and systems for production of flexible packaging
- Buyer core business: machines for woven sacks and plastic recycling plants
Other W&H Group products
Converting systems
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