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Haver & Boecker acquires Newtec Bag Palletizing

World Cement,

Haver & Boecker Holding GmbH has signed a contract to take over a 100% share of Newtec Bag Palletizing from Newtec International Group S.A.

The acqusition will enable the Haver & Boecker Group to deliver complete storage, packing and loading systems for bulk materials and premium quality liquids.

Newtec Bag Palletising, headquartered in France, is a manufacturer of automatic palletising systems. It will be an independently operating Group company.

The Haver & Boecker Group hope that the acquisition will help the company to compete with European quality, especially against growing competition from India.

Adapted from press release by Callum O’Reilly

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