Reifenhäuser acquires air cooling ring specialist Kdesign

German extrusion machinery firm Reifenhäuser has acquired a majority stake in Kdesign GmbH, a manufacturer of air cooling rings and measuring systems for blown film extrusion lines. With this purchase Reifenhäuser, a specialist in extrusion technologies, says it expands its in-house expertise in cooling, controlling, measuring and calibrating blown films and will give its customers in this segment a clearer competitive edge in the future. Terms were not disclosed.

Kdesign remains an independent company within the Reifenhäuser Group and its business and customer relationships will continue unchanged. Joachim Lange and Richard Zimmermann continue to head the company as managing directors.

Reifenhäuser CEO Bernd Reifenhäuser said he looks forward to the value opportunities for both companies and the customer benefits resulting from the close association of the two specialists.

“In the blown film production process, cooling and controlling have a decisive impact on the quality of the end product. Our colleagues at Kdesign already offer the best technology on the market for this, which we are now bringing together with our extrusion technology. Customers will benefit from the ideal pairing of cooling expertise and specialist knowledge in hot parts. From now on, we can perfectly harmonise our products for optimum performance and together we can develop technologies more quickly.”

Current Kdesign customers will also benefit. As a member of the Reifenhäuser Group, Kdesign now has access to a large international service network and the world’s largest privately run research and development centre for plastics extrusion.

Richard Zimmermann, Managing Director of Kdesign, says: “We will be able to be closer to our customers in the future and have better development opportunities. Our location is just 20 minutes away from Reifenhäuser’s headquarters. We are looking forward to working together and having a close personal exchange.”

(PRA)

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