Kiefel Agrees to Acquire Bosch Sprang
Kiefel GmbH Freilassing, Germany – part of the Brückner Group based in Siegsdorf, Germany – intends to acquire a 100% share in Bosch Sprang B.V. located in Sprang-Capelle in the Netherlands. Both parties signed a purchase agreement last week, which is among others still subject to the approval of the cartel authorities.
Bosch Sprang is a worldwide established supplier to producers of thermoformed rigid packaging parts. Their main focus lies in the development and manufacture of tilting molds for use in the production of plastic cups; an area in which the company is a world leader. "This deal does not just bring together two of the technology and market world leaders but also two teams with an absolutely customer-centered approach and an eye to the future", comments Kiefel's CEO, Thomas J. Halletz. "The range of services supplied by Bosch Sprang also perfectly matches Kiefel's portfolio as a manufacturer of thermoforming machines, while enhancing our ability to serve the highly demanding tooling needs of the premium segment.”
The company management of Bosch Sprang will be in the hands of the existing CEO Rob Smeulders and of Thorsten Emge, who is presently the Head of Central Engineering at Kiefel GmbH.
Bosch Sprang BV
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