Jwell Machinery acquires Kautex Maschinenbau

China-based Jwell Machinery acquired extrusion blow moulding machinery maker Kautex Maschinenbau. Kautex will operate as an independent entity within Jwell Group, headquartered in Bonn, Germany. Financial terms were not disclosed.

“Jwell is a strategic fit for us. They have the financial capabilities to complete Kautex’s transformation and are committed to increasing our local manufacturing and service footprint with the target of creating the world market leader within the extrusion blow moulding business.”ecoplasticsinpackaging.com

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• ecoplasticsinpackaging.comJwell Machinery acquires Kautex MaschinenbauOGJan 12, 2024

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