Kosme retains independence after Krones acquisition

Kosme is to continue to target small to medium-sized businesses and Krones will retain its focus on global brewers, soft drink and distilling groups and large food conglomerates.

However, the two companies will share technological expertise and as Kosme’s customers expand they will be able to upgrade to the faster Krones machines.

Kosme’s president Ivo Novatti will remain in place and a new operations manager, Georg Erhart, was moved from Krones to Kosme in January, prior to the completion of the acquisition.

The possibility of expanding Kosme’s filling machine manufacturing capabilities in Italy is also under consideration.

Krones first invested in Kosme six years ago. The company increased its stake to 70% three years ago and has now bought the remaining shares.

“We would not have achieved anywhere near the success that we have had without being part of the Krones family,” said Kosme sales director Max Manzotti.

“We have been able to develop new machines to suit our line speeds based on Krones technology, which has given us a huge competitive advantage.”

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