Engel acquires Spanish partner; closes 2024/5 year-end with EUR1.5 bn revenue

Austrian injection moulding machine manufacturer Engel adds it is continuing to advance its internationalisation strategy and in April 2026 will acquire its long-standing sales partner Roegele in Spain, to create Engel Spain and strengthen its presence in the south-western European market.

Barcelona-based Roegele, SA is one of Engel’s oldest distribution partners and has since 1972, supported customers across all key sectors of plastics processing – from automotive to medical technology. It adds that Roegele has independently managed sales, service, training, and consultancy on site. Most recently, over 90% of the company’s business was centred around Engel products.

Spain is one of Europe’s most important plastics markets – both in terms of volume and revenue. Engel says it has a particularly strong presence in the automotive sector and ranks among the market leaders. Other sectors, such as packaging, medical, and technical moulding, also offer significant growth potential.

“We see considerable potential in Spain – not only in packaging but also in technical injection moulding. With Engel Spain, we are creating the conditions to expand into new customer segments, enhance our service responsiveness, and strengthen our market position in the long term,” says Stefan Engleder, CEO of the Engel Group, adding that all Roegele employees will be retained in Engel Spain.

The site in Barcelona – Roegele’s current headquarters – will be upgraded and, thanks to its 600 sq m production size, offers conditions for future development.

With the establishment of Engel Spain, the company says it is now represented by its own subsidiaries in all major markets in southern and western Europe.

Resilience in a challenging market

Meanwhile in other news, Engel says it has closed the 2024/25 financial year with a turnover of approximately EUR1.5 billion, against the background of a continued decline in market conditions, holding its ground against European competitors and continued to expand its market share.

Although revenue fell by nearly 10% compared to the previous year, the past financial year was marked by reduced investment activity and a significant drop in incoming orders across all areas of industry.

"We have learnt to remain capable of action during crises - and once again proven that Engel can act reliably and with foresight even under difficult conditions," added Engleder.

To address the global decline in demand, Engel says it is pursuing a triad strategy focused on Europe, the Americas and Asia. This approach is supported by independent hubs with sales, sales support, production and after sales – strengthening local presence and technological innovation.

Particularly in the areas of automation and service, the company has launched key initiatives to enhance customer proximity, delivery reliability, and solution orientation. "Especially in economically challenging times, the importance of a reliable service partner becomes clear. Our goal remains to ensure maximum system availability throughout the entire lifecycle," says Engleder.

While the automotive sector continues to face structural uncertainties, interest is growing in solutions for lightweight construction and alternative materials. In technical injection moulding, Engel adds it was able to strengthen its market position through expertise in applications technology, despite the overall market trend. The Packaging division proved to be much more resilient, benefiting from an increase in demand. The Medical division remained stable, with sustained interest in specific applications such as auto-injectors helping to offset a slight overall decline.

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