Hennecke GmbH, Sankt Augustin, Germany, has been sold by privately owned industrial group Adcuram, Munich, to Capvis Equity Partners AG, a Swiss company. Terms of the sale were not announced.
Hennecke GmbH is the parent company of Hennecke Inc., Lawrence, Pa.
Hennecke, a 70-year-old company, manufactures machinery, auxiliary equipment and systems for processing PU. It has about 500 employees with production sites in Germany, the U.S. and China. Annual sales are about $135 million.
