Coperion announced it has formally completed its acquisition of engineering company Herbold Meckesheim, which it will integrate with Coperion’s recycling product lines. The newly created Recycling Business Unit will offer complete solutions for plastics recycling processing by leveraging the companies’ complementary technologies.
The companies’ combined sales and service network will cover large sections of the globe. Herbold Meckesheim will retain its name and operate from its existing location.
“Herbold Meckesheim’s solid reputation within the recycling industry is a result of their high-quality machines and solutions, which fit into Coperion’s growth strategy,” said Markus Parzer, president of the Polymer Division of Coperion. “Together, we’ll have strong production and engineering locations in Europe, Asia and North America.”
Werner Herbold, managing director of Herbold Meckesheim, said, “We can be proud of our inclusion into this respected engineering company. The combination of both companies’ key technologies for the booming recycling industry bestows excellent prospects upon us for the future.”
Headquartered in Stuttgart, Germany, Coperion employs 2,500 people worldwide in its two divisions, while Herbold Meckesheim, based in Meckesheim, Germany, has more than 240 employees at its main location.
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