DÜSSELDORF, GERMANY — Greiner Tool.Tec (Hall 16/A57) has acquired the book of business and about six employees from extrusion die maker P-Extrusionstechnik GmbH.
All current contracts will be taken over by Greiner, and customers will have the option of continuing with the familiar equipment and staff from P-Extrusionstechnik in the future, said Heinrich Kaser, director of marketing and sales for Greiner during an interview at K 2013 in Düsseldorf.
P-Extrusionstechnik is the successor company to Politsch Kunstofftechnik GmbH, which entered insolvency earlier this year. The new investors decided not to continue the extrusion die business, Kaser said.
The deal, signed earlier this month, does not involve any patent information.
Much of the current business is in Eastern Europe, especially Russia. By hiring key employees in sales and service, customers will be able to continue working with contacts they already are comfortable with.
"Boosting customer business on all fronts is the absolute focus behind our thinking here," Ohler said.
P-Extrusiontechnik founder Siegfried Politsch will be available to assist with the transition as needed.
The former Politsch business is located within 10 kilometers of Greiner's facility in Nussbach, Austria.