2:45 min
Facts & Figures
Krones grew profitably in 2015 and has got 2016 off to a good start
Krones met its forecasts for all key financial performance indicators in 2015. Revenue rose 7.5% from €2.95 billion in the previous year to €3.17 billion. That exceeds Krones’ growth target of 4% for the year 2015. Demand in Krones’ markets developed well overall in 2015. The company ...
1:59 min
Management
ChemChina completes takeover of the KraussMaffei Group
China National Chemical Corporation (“ChemChina”) has successfully completed the acquisition of the KraussMaffei Group from Onex Corporation (“Onex”). All relevant regulatory approvals have been achieved. In the future, the KraussMaffei Group will be ChemChina’s principal business ...
3:10 min
Management
Sorrow at the deaths of Irene and Georg Schwarz
The owner families and staff of the ENGEL Group mourn the loss of their senior directors. Irene and Georg Schwarz both passed away within only a few days of each other in late March and early April at ages 86 and 88. For decades, they jointly managed the business and laid the ...
1:35 min
Management
KKR to provide long term financing to Petainer, a global provider of high performance packaging solutions
Petainer UK Holdings (“Petainer”, “the Company”) today announced that it has signed a binding agreement with KKR Credit for a €100 million debt and equity investment. The funding from KKR Credit will be used to refinance the Company’s capital structure and also finance the ...
