# Krones acquires Netstal Group from KraussMaffei

Krones has agreed to acquire 100 percent of the Netstal Group from KraussMaffei, with the agreement signed on February 6, 2024 and completion expected in the first half of 2024.

- Type: Acquisition
- Announced: 2024-02-06
- Status: announced
- Products: injection molding machines, thin-wall packaging machines, medical technology machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Krones](https://endata.com/companies/1481.md) (acquirer)
- [Netstal](https://endata.com/companies/11509.md) (target)
- [KraussMaffei](https://endata.com/companies/11510.md) (partner)

## Sources

- [netstal.com](https://www.netstal.com/en/netstal-becomes-a-member-of-the-krones-group/), 2024-02-08: "Krones acquires 100 percent of the Netstal Group from KraussMaffei. The takeover agreement was officially signed on February 6."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.