Binder+Co and Statec Anlagentechnik join

17-10-2008 | |

Binder+Co AG is about to initiate a significant expansion of its packaging technology business. A specialist packaging technology company of international standing is to be created through a joint venture with STATEC Anlagentechnik GmbH, a company also located in Gleisdorf, Austria.

Binder+Co is to bring its packaging technology
business into STATEC Anlagentechnik GmbH, which in future will operate as STATEC
BINDER GmbH. In return, Binder+Co will receive 51% of stock, while the remaining
49% will remain with the existing STATEC owner company. 

The two companies are successful in the
high-performance open mouth bagging sector and supplement each other perfectly
with regard to both their product portfolios and sales networks.

Related websites:
Statec Anlagentechnik  

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