Extrusion Asia Edition 1-2024

09 Extrusion Asia Edition 1/2024 ➠ CiTEX Holding GmbH www.citex-group.de ➠ iNOEX GmbH www.inoex.de ➠ PIXARGUS GmbH www.pixargus.de technology to detect and document flaws and material changes as part of automa- ted surface inspection and geometry measurement of profiles, hoses, pipes, ca- bles, and sheets made of plastic, metal, paper, and fibre composites, primarily for medium-sized customers in Europe. The acquisition underlines CiTEX Holding's commitment to consolidating its position as a leading provider of sensor and mea- surement technology and advanced digi- talisation solutions worldwide, through its subsidiary iNOEX, and to distinguishing it- self as a leading provider in the global plastics extrusion market. "We are delighted to be able to utilise the expertise of PIXARGUS for our global cus- tomers, particularly with regard to the growth potential in the USA, China and Asia. Thanks to PIXARGUS' specialist competence, it will be possible for our group of companies to comprehensively address our global customer base in ex- trusion technology in the future. In addi- tion, the acquisition will not only enable us to increase our market share in our key markets, but we will also be able to draw on a wealth of data and knowledge as part of our data science activities," says Dr. Ralph Klose, CO-CEO of CiTEX Hold- ing GmbH. "PIXARGUS has profound knowledge of product development and consulting, particularly in the automotive and profiles market segments. Together, we will be able to provide our customers with comprehensive support across the entire automation cycle in the future." "The business development of the CiTEX Group over the last four decades reflects the esteem in which it is held by both cus- tomers and suppliers in the field of sen- sor/measurement technology and also in the more advanced segment of data pro- cessing in extrusion technology. The com- prehensive expertise that CiTEX subsidiary iNOEX brings to the SME sector is a signi- ficant asset for PIXARGUS and its activi- ties. Our joint focus on promoting digital transformation using cloud solutions makes us a comprehensive solution pro- vider in this market segment. The merger of the two companies also strengthens our planned global expansion." "We are all looking forward to embarking on this journey together with our new colleagues in the CiTEX Group," empha- Dr. Ralph Klose (CiTEX 控股有限公司联 合首席执行官) Dr. Ralph Klose (CO-CEO CiTEX Holding GmbH) sise Managing Directors René Beaujean and Dr. Jürgen Philipps of PIXARGUS. ɹ B[OɹɃ+BɃA+w+B# looking for perfection in equipment manufacturing for PVC DRY-BLEND, MASTER BATCH, THERMOPLASTIC RUBBER, POWDER COATINGS, METALLIC BONDING and WPC PLAS MEC S.R.L. Via Europa 79, 21015 Lonate Pozzolo (VA) – Italy phone +39 0331 301648 - comm@plasmec.it www.plasmec.it Visit us! Hall 2.1 - Stand C97