IBS Austria acquires specialist for metering systems

Teufenbach-Katsch, Austria - IBS Austria GmbH has acquired an 80% share in Horst Sprenger GmbH Spezialwerkzeuge. The products of the company, which is known as a specialist in metering systems, compliments IBS’s existing portfolio of products for the paper, board and pulp industry.

The background for this investment is provided by the firm conviction that this will enable the IBS Paper Performance Group to serve customers in the paper, board and pulp industry even better and more comprehensively. This stake will generate considerable synergistic effects, especially in terms of sales and marketing.

Horst Sprenger GmbH Spezial - werkzeuge will continue to be an independent company, and the well-established brand name, the team and their know-how will be preserved.

Bruks, www.ibs-ppg.com

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