# INDUS Holding acquires 100% of Heiber und Schröder Maschinenbau

INDUS Holding AG has acquired 100% of Heiber und Schröder Maschinenbau GmbH (H+S), a specialist in packaging machinery for cardboard, and its US subsidiary. H+S has around 70 employees and planned 2021 revenue of about EUR 28 million.

- Type: Acquisition
- Announced: 2021-12-17
- Where: Erkrath, Germany
- Jobs: 70
- Status: announced
- Products: special machines for cardboard packaging, carton erecting and window patching machines
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [INDUS Holding](https://endata.com/companies/11675.md) (acquirer)
- [Heiber und Schröder Maschinenbau](https://endata.com/companies/59799.md) (target)

## Sources

- [deutscherpresseindex.de](https://www.deutscherpresseindex.de/2021/12/17/indus-erwirbt-spezialisten-fuer-verpackungsmaschinen/), 2021-12-17: "Die börsennotierte INDUS Holding AG übernimmt 100 % der Anteile an der Heiber und Schröder Maschinenbau GmbH (H+S) mit Sitz in Erkrath und an deren Tochtergesellschaft Heiber Schroeder USA, Inc."

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