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Reifenhäuser sells Reimotec to Dietze+Schell

Reifenhäuser sells Reimotec to Dietze+Schell
With effect from February 1, 2017, Reifenhäuser Maschinenfabrik and Dietze+Schell Maschinenfabrik consolidate their activities in the niche markets monofilaments, strapping tapes and artificial turf. Reifenhäuser transfers the two companies Reimotec Maschinen- und Anlagenbau, and Reimotec Winding Technology to the Coburg-based company.

In the recent past, Dietze+Schell had already purchased Sima and Techno Plastic. Against this background a further consolidation was a strategically reasonable move for both parties to strengthen the new business unit by bundling competencies in this market.

The companies have agreed not to disclose the sales price.

Read more: Machines 419