Breaking News on Food and Beverage Processing and PackagingWorldUSEurope

News > Financial

News in brief

Haidlmair acquires remainder of MMS from Greiner Packaging

Haidlmair acquires remainder of MMS from Greiner Packaging

Haidlmair is acquiring an additional 50% share in Mould & Matic Solutions (MMS) from Greiner Packaging International to become the sole owner of the company.

The parties have agreed not to disclose any information on the purchase price.
Mario Haidlmair, CEO, Haidlmair said it had experienced very good collaboration with Greiner Packaging International over the last few years.

However, Mould & Matic's clients very often also included Greiner Packaging International's competitors. This made the 50-50 share a disadvantage at times for Mould & Matic,” he added.

Being the sole owner gives us even better opportunities for expansion in the future."

MMS is headquartered in Micheldorf, Austria. The company has also operated out of Slusovice, Czech Republic, since 1995. 

Its core competencies include the manufacture of machine tools and automation technology for the packaging industry including thermoforming, injection molding, and blow molding.

Post a comment

Comment title *
Your comment *
Your name *
Your email *

We will not publish your email on the site

I agree to Terms and Conditions

These comments have not been moderated. You are encouraged to participate with comments that are relevant to our news stories. You should not post comments that are abusive, threatening, defamatory, misleading or invasive of privacy. For the full terms and conditions for commenting see clause 7 of our Terms and Conditions ‘Participating in Online Communities’. These terms may be updated from time to time, so please read them before posting a comment. Any comment that violates these terms may be removed in its entirety as we do not edit comments. If you wish to complain about a comment please use the "REPORT ABUSE" button or contact the editors.

Related products