Standard-Knapp is joining the End of Line Packaging Experts
Portland, CT, USA / Kirchlengern, Germany, July 16th 2019. Standard-Knapp (S-K) based in Portland, USA, announced today that its shareholders have reached an agreement to sell the company to EoL Packaging Experts (EoL), to which the German company A+F Automation + Fördertechnik (A+F) belongs. This merger creates a globally active industry leader for end-of-line packaging machines and systems with an established presence in America and in Europe.
The acquisition represents a compelling fit with EoL‘s strategic plan of being a market leader in the provision of end-of-line packaging solutions for the food and beverage industry. Standard-Knapp and A+F both provide a strong basis representing the full value chain with new machine sales, engineering, manufacturing and an own service organization. The product portfolio is fully focused on customized high speed end-o-line packaging machines and 100% complementary. This will enable EoL to expand with both product portfolios to the U.S. and European market. Furthermore, the worldwide sales and service organizations can be utilized by both companies. Group-wide competence centers like the A+F digital packaging competence center, the S-K shrink wrapping competence center or the A+F palletizing competence center will enable the EoL group to fully utilize its technological competence.
“As a leading US company of case, tray and shrink packaging machinery solutions we are proud what our team has accomplished over the past decades. By joining EoL, we will be part of a strong international group to reinforce our technological leadership. I see EoL as the right organisation to successfully ensure the future of Standard-Knapp in the long-term. At the same time it will help us to deliver more value to our customers,” said Mike Weaver, President of Standard-Knapp.
Robert Roiger, CEO of A+F and EoL Packaging Experts, said: “With Standard-Knapp joining EoL customers will benefit from improved responsiveness delivered by our full presence in America and Europe. It is an ideal complement to A+F and will help us to improve and shorten the development processes, stay closer to our customer’s plants to better serve them. We are excited about Standard-Knapp joining EoL and look forward to the benefits and synergies this merger will bring.”
Standard-Knapp designs, builds and supports the ultimate in packaging machinery for the most demanding customers. Providing reliable, flexible and easy-to-use packaging equipment, Standard-Knapp serves industries including beverage, food, personal care, household chemicals and automotive. A pioneer in the field of automatic packaging equipment, Standard-Knapp leads the industry with the latest innovations in tray packers, tray loading machines, case packers, shrink wrappers, and bottle packers. With over 100 years of experience, Standard-Knapp is the ULTIMATE in case and shrink packaging. For more information on Standard-Knapp’s products, visit www.standard-knapp.com, call 860-342-1100 or email firstname.lastname@example.org.