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Brueckner acquires 100% of Kiefel AG


Brueckner Group, Siegsdorf and JM Gesellschaft fuer industrielle Beteiligungen GmbH & Co. KgaA, Worms, announced today that effective 01 January 2007 all shares of Kiefel AG, located in Freilassing and active in various fields of plastics machinery, have been transferred to the Brueckner Technology Holding GmbH. As of 01 January 2007, Brueckner Technology Holding GmbH functions in the capacity of a holding company for the entire Brueckner Group.
The takeover of Kiefel is a significant step for Brueckner to further strengthen the strategic development of the Group. The principal aim is to open new expanding markets with innovative products of a high technological level in the field of plastics machinery.
With this step the JM Gesellschaft fuer industrielle Beteiligungen, which is mainly made up of the companies Renolit AG and the RKW AG Rheinische Kunststoffwerke with a group turnover in excess of EUR 1.5 billion, will focus its business activities on manufacturing and selling plastic foils, with the aim to develop the worldwide foil business further and even more intensively than in the past. By changing from the previous group of companies to Brueckner, Kiefel will gain additional market potentials.


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