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3/26/2007

SMS GmbH to Sell Two Extrusion Machinery Groups

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After selling its Battenfeld injection molding division to private investors in October, SMS GmbH in Germany announced another step in its withdrawal from the plastics machinery fi eld with plans to sell most of its extrusion business to Triton, a European private investment fi rm.

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After selling its Battenfeld injection molding division to private investors in October, SMS GmbH in Germany announced another step in its withdrawal from the plastics machinery fi eld with plans to sell most of its extrusion business to Triton, a European private investment fi rm. SMS aims to focus henceforth on metallurgical machinery. The deal includes Battenfeld Extrusionstechnik and SMS Extrusion Kempen in Germany; Battenfeld Extrusion Systems in China; American Maplan Corp., McPherson, Kan.; and Cincinnati Extrusion in Austria, China, and Erlanger, Ky. For now, SMS retains Battenfeld Gloucester Engineering, Gloucester, Mass.

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