Siempelkamp Sells KüstersPress, ContiPress Technology To Sunds Fibertec
On December 12th Siempelkamp and Sunds Fibertech signed an agreement for the sale of the KüstersPress and ContiPress service business. With this transaction Sunds Fibertech will become the OEM supplier for this technology area; the transfer date will be January 3rd, 2024.
The KüstersPress and ContiPress technology is used for the production of MDF and particleboard. Between 1987 and 2006 more than 60 presses were delivered, currently, more than 50 presses are still in operation worldwide. These presses require technology support, spare parts, service and modernization.
Sunds Fibertech will expand its German technology center in Willich, close to Siempelkamp’s headquarters in Krefeld, to grow sales, offer technical support, build up a workshop and a logistics center. The center will be fully focused on KüstersPress and ContiPress technology.
Stefan Wissing, CEO, Siempelkamp Logistics & Service Business Unit, says, “By combining the business volumes of KüstersPress and ContiPress in Sunds Fibertech we will secure a strong long-term support for these presses. We are convinced that Sunds Fibertech’s focus will ensure the best support and solution for the customers.”
“With this acquisition we will strengthen our position as a strategic partner to our customers and we will be able to offer a much wider service portfolio. Our team in Germany will be a good combination of several experts who have been part of the Küsters journey from the very beginning and the next generation of press experts. The new technology center will count about 2000 m2 including offices, a customized workshop and the logistics center,” adds Lars Eklund, CEO, Sunds Fibertech.
Latest News
Wood Pellet Exports No Threat To Panel Makers
Massive U.S. industrial wood pellet exports to meet green energy goals in Europe is not a threat to the sustainability of U.S. Southern forests, says a new report from the pellet manufacturers. Drawing from U.S. government and available market data, the report was...
Stable 2016 Outlook For Global Paper And Forest Products Sector
Increasing housing starts and higher consumer spending will drive anticipated operating income growth for the global paper and forest products industry of 1%-3% in 2016, underpinning the current stable outlook for the sector for the next 12 months, says Moody's...
Find Us On Social
Newsletter
The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.
Subscribe/Renew
Panel World is delivered six times per year to North American and international professionals, who represent primary panel production operations. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!