Brückner Group acquires machine and plant manufacturer Hennecke Group
The Brückner Group has acquired the Hennecke Group, which manufactures technologies for machines, plants and systems used in the processing of polyurethane (PUR).
“With Hennecke, we’ve gained a highly specialized addition to our portfolio. Acquiring another market leader in technology enhances the Brückner Group’s product range in a sensible way and provides Hennecke with access to innovation power and a global presence,” Brückner Group CEO Axel Von Wiedersperg said.
Hennecke’s technologies include slabstock and molded foam lines, mix heads and metering machines for use in industries such as construction, furniture and refrigeration. It has a network of sites in Germany, Italy, the U.S. and China, and the acquisition will allow Brückner Group to tap into new product segments beyond the packaging sector.
The transaction between Brückner Group and a fund advised by Capvis AG, Switzerland, as the majority owner of the Hennecke Group will be completed in January.
“The merger will not only result in bundled technological expertise and a global market presence, but also allow us to form the basis for expanding our position in the international PUR market. This step represents a natural progression of our Hennecke Business System and the Focus2030 strategy for sustainable growth. Working with the Brückner Group, we’ll be able to capitalize on innovation and growth potential much faster in the future,” Hennecke Group CEO Thomas Wildt said.
Brückner Group, based in Siegsdorf, Germany, manufactures solutions for packaging, including Brückner Maschinenbau stretch film lines and Kiefel thermoforming equipment.