Hauni Maschinenbau is acquiring the Borgwaldt Group, a supplier of measurement/analysis equipment and flavors for cigarette and filter production. Based in Hamburg, Germany, the Borgwaldt Group has around 150 employees worldwide.
“We are delighted to welcome a globally recognized technology specialist with Borgwaldt Group as the youngest member of the Hauni family,” said Christopher Somm, chairman of Hauni’s executive board.
Borgwaldt’s “longstanding specialist expertise in the field of physical measurement equipment and smoking machines dovetails perfectly with our product portfolio,” he added. “Using the Borgwaldt brand we shall jointly continue to expand our analysis activities alongside our French subsidiary Sodim. Hauni will also benefit from having a new flavor business unit. This will boost our expertise in our capacity as an international tobacco industry supplier.”
The Borgwaldt Group’s companies will become part of Hauni Maschinenbau with immediate effect. The companies will remain separate legal entities. Borgwaldt’s existing management team will continue to be responsible for the development of the business.
The customer contacts at Borgwaldt will also remain in place. They will continue to be responsible for handling the business, including services.
“With Hauni we have found a strong partner, which will open up new growth opportunities for us,” said Insa Briel, managing director of the Borgwaldt Group.
Hauni is a global supplier, headquartered in Hamburg, Germany, of tobacco machinery and related services to the tobacco industry. A member of the Körber Group, the company employs about 4,000 people worldwide. In 2011, it generated sales of about €800 million ($1.04 billion).
Category: Breaking News