Krones Acquires MHT for PET Tooling
Krones significantly increased its capabilities in PET preform design and molding.
Krones acquired MHT, a maker of PET preform molds.
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Krones, a major supplier of PET bottle blowing, filling, capping, labeling, handling and packaging systems, has broadened its turnkey capabilities with two recent acquisitions. In April 2018, Krones purchases a 70% interest in Integrated Plastics Systems AG of Switzerland, which provides preform and bottle design and acts as a system integrator for PET preform injection molding systems for the beverage industry. Then, this past November, Krones bought MHT Holding AG of Germany, the parent of MHT Mold & Hotrunner Technology, which builds PET preform injection molds and hot-runner systems.
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