SMS Group Sells Battenfeld Injection

The SMS Group in Germany has sold its Battenfeld Kunststoffmaschinen GmbH injection molding division based in Kottingbrunn, Austria, to investment firm Adcuram Industriekapital AG of Munich, Germany.

The SMS Group in Germany has sold its Battenfeld Kunststoffmaschinen GmbH injection molding division based in Kottingbrunn, Austria, to investment firm Adcuram Industriekapital AG of Munich, Germany. The purchase includes Battenfeld’s injection molding facilities in Kottingbrunn and in South Elgin, Ill., as well as 13 injection molding sales and service subsidiaries. Adcuram says it plans to expand the business by investing in services and R&D. SMS’s Plastics Technology group now consists of five divisions focused on extrusion: Battenfeld Extrusionstechnik, Battenfeld Gloucester Engineering, American Maplan, Cincinnati Extrusion, and Battenfeld China.