Mannesmann Plastics Machinery GmbH, Munich, the world’s largest maker of plastics and rubber machinery, announced a restructuring of its operations.
Mannesmann Plastics Machinery GmbH, Munich, the world’s largest maker of plastics and rubber machinery, announced a restructuring of its operations. MPM, owned since mid-2006 by the investment fi rm Madison Capital Partners of Chicago, will be integrated into a “new Krauss-Maffei” that will be an integrated, fl at organizational structure that can respond more quickly to customers. MPM will merge the extrusion operations of Berstorff GmbH with Krauss-Maffei Kunststofftechnik GmbH into the “new Krauss-Maffei” based in Munich. Meanwhile, NetstalMaschinen AG, its Swiss injection machine maker, will become a subsidiary of Krauss-Maffei. Another injection machinery operation, Demag Plastics Group, will remain an independent entity, managed separately from the new Krauss-Maffei.