Textile slitting machine SLITTEX
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Characteristics
- Applications
- textile
Description
Summary
Windmöller & Hölscher (W&H) has sold its woven packaging division to Austrian machinery specialist Starlinger. The subsidiary W&H Machinery GmbH (Vienna) and around 25 employees will be transferred to Starlinger as part of the transaction.
Management statements
W&H CEO Dr. Falco Paepenmüller explained that divesting the woven-sack activities allows the group to concentrate resources on targeted growth in the paper and film packaging markets, while ensuring continuity of service for customers in the woven segment. Angelika Huemer, CEO and Managing Partner of Starlinger, said the acquisition expands Starlinger’s portfolio and enables more tailored solutions for manufacturers of sustainable woven plastic packaging, with expected synergies across technology and global sales and service networks.
Transaction details
Financial terms are confidential and governed by contractual agreement. The transfer covers the legal entity W&H Machinery GmbH based in Vienna and the operational workforce reported at approximately 25 employees. The transaction aims to preserve customer support and leverage Starlinger’s global aftermarket capabilities.
Company profiles
Characteristics / technical specifications
Windmöller & Hölscher (W&H) has sold its woven packaging division to Austrian machinery specialist Starlinger. The subsidiary W&H Machinery GmbH (Vienna) and around 25 employees will be transferred to Starlinger as part of the transaction.
Management statements
W&H CEO Dr. Falco Paepenmüller explained that divesting the woven-sack activities allows the group to concentrate resources on targeted growth in the paper and film packaging markets, while ensuring continuity of service for customers in the woven segment. Angelika Huemer, CEO and Managing Partner of Starlinger, said the acquisition expands Starlinger’s portfolio and enables more tailored solutions for manufacturers of sustainable woven plastic packaging, with expected synergies across technology and global sales and service networks.
Transaction details
Financial terms are confidential and governed by contractual agreement. The transfer covers the legal entity W&H Machinery GmbH based in Vienna and the operational workforce reported at approximately 25 employees. The transaction aims to preserve customer support and leverage Starlinger’s global aftermarket capabilities.
Company profiles
- Windmöller & Hölscher: headquartered in Lengerich; a leading manufacturer of machines and systems for production of flexible packaging.
- Starlinger: headquartered in Vienna; a global market leader for machines producing woven sacks and a technology leader for plastic recycling plants.
Characteristics / technical specifications
- Article title: Sale of woven packaging division — W&H Machinery GmbH acquired by Starlinger
- Publication date: 18.12.2024
- Publication location: Germany | Lengerich
- Seller: Windmöller & Hölscher (W&H)
- Buyer: Starlinger (Austria)
- Transferred entity: W&H Machinery GmbH (Vienna)
- Approx. number of employees transferred: ~25
- Financial terms: confidential
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