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Industrial Machineryworld trade 2024+4.5% 5Y CAGR

Sep 2, 2019ACQUISITIONHamburg and Fribourg, Germany

OLBRICH takes full ownership of Polytype Converting

OLBRICH GmbH has acquired the remaining shares of Polytype Converting from Jagenberg AG, now owning 100% of Polytype Converting GmbH in Hamburg and Polytype Converting AG in Fribourg. The move integrates the unit fully into the OLBRICH Group.

Status

Completed

Productsconverting services

CompaniesOLBRICH GmbH acquirer Jagenberg AG partner Polytype Converting target

Sectors#Industrial Machinery

“OLBRICH GmbH, based in Bocholt, has meanwhile taken over the remaining shares from Jagenberg AG and now owns 100% of Polytype Converting GmbH (Hamburg, Germany) and Polytype Converting AG (Fribourg, Switzerland).”olbrich.com

1 source
olbrich.comNews Detail - OlbrichSep 2, 2019

Summarized from public sources; check the original articles before acting on it.

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