Krones acquires Netstal Maschinen from KraussMaffei

Krones AG agreed to acquire all shares in Netstal Maschinen AG from KraussMaffei. Netstal is a leading supplier of injection molding machines to the beverage market (PET preforms and caps) as well as to the medical and thin-wall packaging market. In the 2023 fiscal year, Netstal generated with a workforce of more than 500 employees revenues of more than EUR 200 million. Closing of the transaction is subject to customary closing conditions and expected to take place in the first half of 2024.

Lenz & Staehelin is advising Krones in this transaction. The team is led by Simone Ehrsam and Tino Gaberthüel (both M&A) and includes Arnold Romero, Till Haechler, Ananda Lee (all M&A), Astrid Waser, Sandro Travaglini (both antitrust), Fabiano Menghini, Noémie Ammann (both Real Estate), Helin Dalla Palma (Employment/Pension), Leo Rusterholz (IT, Transitional Services) and David Hitz (IP).