The successful cooperation with KOSME initiated last
April will now be strengthened still further by capital
interlacing. Under mutual declarations of intent, as
from 1 January 2003 KRONES AG will acquire 75 % of the
shares in the KOSME Group, Sollenau/Austria.
To enable a complete line programme to be offered
under the KOSME family brand, the Austrian KOSME GmbH
will take a 55 % holding in the Italian KOSME s.r.l..
Together with the subsidiaries Keber and Kosme Filling
Systems, a subgroup called “KOSME” is thus being set
up for what is called the “just enough” market. The
newly formed KOSME Group is on target for around 70
million euros of consolidated sales in 2002. The
Austrian part of the company is responsible for
developing and producing the linear stretch
blow-moulding technology, and for coordinating the
entire line programme. By reason of the local cost
advantages, KOSME’s product range for labelling,
filling, packing and palletising, including conveyors,
is developed and produced in Italy.
By integrating KOSME, the technological leader KRONES
is rounding off its corporate capabilities for the
first-time-user market as well, with attractive
solutions in what is called the “just enough”
market.
> Krones
Website
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