German companies HAVER & BOECKER and WINDMÖLLER & HÖLSCHER plan the founding of a joint company specialising in filling and palletising.
The joint company will specialise in the development and production as well as the sales and service of FFS packing plants for freeflowing and loose products until they are packed on finished pallets. The two companies each signed a letter of intent last March, with both companies holding a 50% share.
HAVER & BOECKER and WINDMÖLLER & HÖLSCHER have both been active in the filling and palletising market segment for many years, and with the joint agreement the two partners will bundle their strong portfolios with the aim of mutually offering their customers a more comprehensive product range along with great powers of innovation.
“For decades there has been a relationship of deep respect and mutual recognition between both of our family-owned companies," says Florian Festge, Managing Partner and owner at HAVER & BOECKER. "Our new joint company will allow us to propel the technology of filling and palletising. This partnership opens up new innovations and possibilities for our employees, our customers, and our market.”
“WINDMÖLLER & HÖLSCHER and HAVER & BOECKER share many similarities,” adds Dr. Ju¨rgen Vutz, Partner and CEO at W&H. “Both are family-owned companies with a long-term focus and intact values such as trust and commitment. This all provides the solid foundation for a successful partnership."
The first organisational steps for founding the new company have been implemented. The necessary approval from the German antitrust authorities has been obtained. HAVER & BOECKER and WINDMÖLLER & HÖLSCHER will provide further information on the details of the new joint company at the ACHEMA trade fair in Frankfurt in June.
Read the article online at: https://www.worldcement.com/europe-cis/08052018/haver-boecker-and-windmller-hlscher-plan-joint-company/