# Krones completes acquisition of Netstal-Maschinen from KraussMaffei

Krones AG completed the acquisition of Netstal-Maschinen AG from KraussMaffei Technologies GmbH on March 28, 2024. The deal was agreed on January 29, 2024 for approximately €170 million.

- Type: Acquisition
- Announced: 2024-03-28
- Where: Switzerland
- Value: $184.0M (170.0M EUR)
- Status: completed
- Products: injection molding machines, packaging machinery
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Krones](https://endata.com/companies/1481.md) (acquirer)
- [Netstal](https://endata.com/companies/11509.md) (target)
- [KraussMaffei](https://endata.com/companies/11510.md) (partner)
- [Netstal Maschinen AG](https://endata.com/companies/75299.md) (target)
- [KraussMaffei Technologies](https://endata.com/companies/76486.md) (partner)

## Sources

- [au.marketscreener.com](https://au.marketscreener.com/quote/stock/KRONES-AG-436341/news/Krones-AG-completed-the-acquisition-of-Netstal-Maschinen-AG-from-KraussMaffei-Technologies-GmbH-46319979/), 2024-03-27: "Krones AG completed the acquisition of Netstal-Maschinen AG from KraussMaffei Technologies GmbH on March 28, 2024."
- [plasticsnews.com](https://www.plasticsnews.com/news/krones-completes-acquisition-netstal-kraussmaffei/), 2024-03-28: "Krones completes acquisition of Netstal from KraussMaffei"

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