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Europe: Krones acquires beverage pallet handling company

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Krones has acquired 100% of the shares in Schaefer Förderanlagen- und Maschinenbau GmbH, Unterföhring, Germany.

Schaefer has since 2014 been focusing on engineering and after sales services in the field of pallet handling solutions for the beverage industry.

The company’s expertise and its patent portfolio will complement Krones’ packaging technology.

In 2014, Schaefer GmbH achieved a turnover of approximately €2 million (US$2.1 million) with engineering and after sales services.