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Topics Mergers & Acquisitions Europe Injection Molding
Companies & Associations
German injection molding companies Metz-Werke GmbH & Co. KG and Inotech Kunststofftechnik GmbH have announced that they have joined forces to bring their clients a larger range of services.
Inotech states it currently has injection molding machines that range between 100 and 10,000 metric tons of clamping force for single-component injection molding and up to 4,000 metric tons for two-shot molding, whereas Metz uses large machinery of up to 27,000 metric tons of clamping force.
Speaking to European Plastics News, a sister paper of Plastics News, Harald Kausler from Inotech said: “Both companies are cooperating, but [will] stay separate.”
Kausler states that the aim of the deal is to be able to support clients by offering a full range of services.
Reinhard Neumüller, a spokesman for Metz-Werke, told EPN that the deal will help cut costs: “Our customers [will] have only one partner for a complete system and we can reduce internal costs [for packaging, transport and inspection].”
Metz currently has production in Zindof in Germany’s Bavarian region. Inotech’s headquarters are in Nabburg, Bavaria with the company also owning facilities in Tachov, Czech Republic and by the end of 2014 will have operations in Kostinbrod, Bulgaria.