Windmöller & Hölscher sells its Woven Packaging Division to Starlinger
’The decision to part with our woven sack division allows us to focus our resources on targeted growth in the paper and film packaging market, while woven packaging products are fitting perfectly into the existing portfolio and infrastructure of Starlinger’, explains CEO Dr. Falco Paepenmüller. ‘When we chose the buyer, it was especially important for us that our customers in the woven packaging market continue to receive excellent and reliable service and support,’ he continues.
’The acquisition of W&H’s woven packaging division means that we can extend our portfolio and offer even more individual solutions to producers of sustainable woven plastic packaging,’ said Angelika Huemer, CEO and Managing Partner of Starlinger. ’We expect synergy effects and advantages for our customers not only with regard to technology, but also through our well-developed worldwide sales and service network.’
The financial details of the transaction are subject to contractual confidentiality.
Windmöller & Hölscher, based in Lengerich, is one of the world's leading manufacturers of machines and systems for the production of flexible packaging. Starlinger, headquartered in Vienna, is considered one of the global market leaders for machines for the production of woven sacks and a technology leader in plastic recycling plants.
