KraussMaffei forms partnership with IPS for service in Middle East, Africa

EUROPEAN PLASTICS NEWS

Published: June 26, 2014 11:52 am ET
Updated: June 26, 2014 11:56 am ET

Image By: KraussMaffei AG Hans Ulrich Golz

Related to this story

Topics Injection Molding, Machinery, Africa
Companies & Associations KraussMaffei AG

KraussMaffei AG has announced that Dubai-based Integrated Packaging Systems (IPS) has become the exclusive partner for the KraussMaffei brand in key markets across the Middle East and Africa.

KraussMaffei says that by partnering with IPS it hopes to develop a combined strategy to strengthen sales and after-sales services in the region.

“IPS has been working very successfully for years as a sales and service partner for Netstal. I am convinced that we will strengthen and further develop the sales and service activities also of the KraussMaffei brand in the short term, based on this partnership and through the use of the existing infrastructure of IPS," said Hans Ulrich Golz, president of the injection molding machinery segment in the KraussMaffei Group

Golz has recently been appointed to the IPS board of directors to create synergy between the two companies.

KraussMaffei states that the new partnership extends over large parts of the Middle East, including the GCC (Gulf Cooperation Council) region, and key areas of Africa, including North, East and West African markets.

“An important target of this partnership will be to strengthen especially the service and after-sales business, by developing a network of efficient local service engineers for the KraussMaffei and Netstal brands. I am convinced that our KraussMaffei customers will benefit from this partnership as our Netstal customers did in the past,” Golz stated.

The KraussMaffei Group generated sales of $1.4 billion in 2013. Switzerland-based machinery maker Netstal has been a member of the KraussMaffei Group since 1992.


Comments

KraussMaffei forms partnership with IPS for service in Middle East, Africa

EUROPEAN PLASTICS NEWS

Published: June 26, 2014 11:52 am ET
Updated: June 26, 2014 11:56 am ET

Post Your Comments


Back to story


More stories

Image

Cascade Engineering founder Keller to step down as CEO

September 16, 2014 8:33 pm ET

Cascade Engineering Inc. is undergoing a transition as President Mark Miller will also add the role of CEO, replacing founder Fred Keller, who has...    More

Image

Canadian, Mexican injection molders form auto supply joint venture

September 16, 2014 2:26 pm ET

A new automotive parts manufacturer will open in Querétaro, Mexico, through a joint venture between Canadian automotive supplier Papp Plastics and...    More

Image

Flexibility for complexity key for Brampton

September 16, 2014 11:26 am ET

Blown film machinery maker Brampton Engineering Inc. is well positioned to meet growing demand for complex film structures, highly customized...    More

Image

US plastics machinery market still gaining strength in second quarter

September 15, 2014 5:01 pm ET

U.S. plastics machinery shipments in the second quarter continued to outperform activity in 2013, according to data from Society of the Plastics...    More

Image

ATS goes global with acquisition of M+W Process Automation

September 10, 2014 2:49 pm ET

ATS Automation Tooling Systems Inc., a maker of factory automation systems in Cambridge, Ontario, has agreed to buy a German company M+W Process Autom...    More

Market Reports

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook – North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events