In a move that broadens its strategic direction, Schwertberg, Austria-based injection molding machine manufacturer Engel Holding GmbH has entered the pre-owned machinery market.
According to the company, Engel Used Machinery s.r.o. is now officially open for business.
Engel Used Machinery will buy back both injection molding machines and used robots from the Engel series. The company will then refurbish the products prior to reselling these on the market.
Adding this new activity to the portfolio not only expands the scope of the company's offering, it also made good sense.
"In some cases, a second-hand production cell is the only option. We want to offer our customers a high-quality solution for this requirement, too," Chief Sales Officer Christoph Steger said.
The repurchased injection molding machines and robots are reconditioned in-house. Engel has created the capacities required for this at its production plants in Austria and the Czech Republic.
Leopold Praher has been appointed as the new general manager at Engel Used Machinery. Praher has been with Engel for more than 30 years, most recently as sales manager Elast/LIM. He will temporarily continue to serve in that role as well, in preparation of an orderly succession within the Elast/LIM division, which is strategically important for Engel.
The new used machinery business is headquartered in Prague as "Eastern Europe is the largest and fastest-growing market for pre-owned injection molding machines," according to Praher.