# 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.

- Type: Acquisition
- Announced: 2019-09-02
- Where: Hamburg and Fribourg, Germany
- Status: completed
- Products: converting services
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [OLBRICH GmbH](https://endata.com/companies/5474.md) (acquirer)
- [Jagenberg AG](https://endata.com/companies/5475.md) (partner)
- [Polytype Converting](https://endata.com/companies/5476.md) (target)

## Sources

- [olbrich.com](https://www.olbrich.com/en/news/news-detail/olbrich-takes-over-polytype-converting-completely.html), 2019-09-02: "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)."

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