# 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.

- Type: Acquisition
- Announced: 2024-01-12
- Where: Bonn, Germany, Germany
- Status: completed
- Products: extrusion blow moulding machinery
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Kautex Maschinenbau Group](https://endata.com/companies/18166.md) (target)
- [Jwell Machinery](https://endata.com/companies/74939.md) (acquirer)

## Sources

- [ecoplasticsinpackaging.com](https://ecoplasticsinpackaging.com/mergers-acquisitions/jwell-machinery-acquires-kautex-maschinenbau/), 2024-01-12: "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."

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