The Reifenhäuser Group has acquired EDS GmbH, a German supplier of high-end extrusion tools, the company announced 17 Jan.
Reifenhäuser, which manufactures extrusion lines for plastics processing, said the Reichshof-Wenrath-based EDS is specialised in flat dies.
Post-acquisition, the EDS site in Reichshof will be turned into a technology and service centre for dies. EDS will operate within the Reifenhäuser Group as a separate independent business unit, and former owner Johannes Müller will continue to run the unit together with Uwe Gaedike, director operations at Reifenhäuser.
Commenting on the acquisition, chairman Bernd Reifenhäuser said the two businesses complemented each other “excellently” in terms of design and production expertise.
Also commenting on the takeover, Uwe Gaedike, said the purchase was a move towards Reifenhäuser goal of designing and producing core competencies in-house.
“Besides machine manufacture, we are positioning ourselves as a leading technological component provider for extruders and dies," Gaedike added. The new unit will significantly strengthen Reifenhäuser’s design know-how for die and film tools.