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 Africa, Injection Molding, Machinery
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

Spain's ITC Packaging acquires Coveris rigids plant

July 31, 2014 9:59 am ET

International packaging group Coveris Holdings has sold its Spanish business Coveris Rigid Spain, including an injection molding plant, to the...    More

Image

North American robot sales set record

July 30, 2014 4:46 pm ET

The North American robotics sector is off to its fastest start ever, shattering last year's first-half record, with a first-half 2014 of 14,135...    More

Image

Tessy investing $10 million in new plant, infrastructure

July 30, 2014 4:57 pm ET

Tessy Plastics Corp. continues to buy factory buildings in upstate New York — acquiring a 112,000-square-foot former Honeywell building in...    More

Image

One51 adding injection molder Straight to its bin molding portfolio

July 29, 2014 10:12 am ET

Dublin-based One51 plc has had its purchase of British trash bin maker Straight plc cleared by the United Kingdom's Competition and Markets Authority.    More

Image

Gear pump maker Witte expands in Germany and USA

July 25, 2014 2:15 pm ET

Witte Pumps & Technology GmbH, the German maker of gear pumps for extrusion, has moved into a new headquarters factory in the Hamburg area, and the co...    More

Market Reports

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

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

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

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

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

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

More Events