Kiefel to acquire Austrian Mould & Matic Solutions
Kiefel GmbH of Freilassing, Germany – part of the Brückner Group based in Siegsdorf, Germany – intends to acquire a 100% share in Mould & Matic Solutions GmbH, which currently belongs to the Austrian Haidlmair Group. Both parties signed a purchase agreement, which is still subject to the approval of the cartel authorities.
Mould & Matic Solutions, located in Micheldorf, Austria, is a renowned supplier of tools and of automation solutions to the packaging industry. With the acquisition, Kiefel intends to complement the company’s existing range of products for the packaging industry. This acquisition marks a further step in the growth strategy of the Brückner Group, which is designed to strengthen the position of existing member-companies by extending the range of products and services available.
The Haidlmair Group will take advantage of this transaction to focus more on its successful core business.
