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German filling and packaging technology manufacturer Krones has closed the transaction to buy US-based firm WM Sprinkman. The supplier company was established in 1929 and provides engineered food and beverage processing equipment.
With revenues of around $35 million, the company is specialised in supplying equipment and processes for customers in the dairy and brewing industries. It operates two facilities in Waukesha and Elroy, Wisconsin, and employs more than 125 workers. Customers of the company include microbreweries, as well as multi-national food and beverage producers.
The acquisition will enable Krones to enhance the capabilities of its ‘House of Krones’ product portfolio in North America, which includes process technology solutions, bottling, and packaging equipment.