Hosokawa Alpine AG, the German maker of blown film machinery, has acquired Anton Kolb Maschinenbau GmbH, which manufactures downstream products such as takeoff units, winders, unwind stations and other equipment for flat film and blown film.
Kolb will continue its operation near Cologne, in Niederkassel, Germany, where the company employs 60 people. Both companies have worked together in the past. Hosokawa Alpine is based in Augsburg, Germany.
The Kolb family is retiring from the family business.
Terms of the deal were not disclosed.