- Business
- Krones AG (KRN.DE) designs, manufactures and markets complete production lines and individual machines for process technology, filling, packaging, intralogistics, plastics recycling and digitalization solutions serving the beverage, food, chemical, pharmaceutical and cosmetics industries worldwide. The company offers process technology including valves, pumps, homogenizers, brewing systems and solid-liquid separation via subsidiaries such as Steinecker, Ampco Pumps, Evoguard, HST and Milkron; filling and packaging technology encompassing stretch blow molders, fillers, cappers, labellers, inspection systems, conveyors, packers, palletizers and injection molding through Gernep, Kosme, Netstal, R+D Custom Automation and Konplan; intralogistics and order-picking systems from System Logistics; plastics recycling solutions from Krones Recycling; lifecycle services including pre-owned machines from ecomac, expendables from KIC Krones and service support from Krones Service Europe; and digital services such as cloud solutions and process automation from Syskron. Founded in 1951 and headquartered in Neutraubling, Germany, Krones AG employs around 20,000 people globally, with production sites in Germany, Hungary and subsidiaries in over 100 locations; approximately 90% of sales occur outside Germany, totaling 5.293 billion euros in 2024. Recent strategic moves include the March 2024 acquisition of Netstal Maschinen AG, enhancing injection molding capabilities for PET, thin-wall packaging and medical applications with over 500 employees integrated; the July 2025 purchase of a 60% stake in GHS Separationstechnik GmbH, adding decanter centrifuges for vegetable oils, juices, alternative foods and PET recycling with about 25 staff and 10 million euros in 2024 revenue; and the September 2025 full acquisition of Can Systems Worldwide (CSW), a Dutch can-end handling specialist serving beer, beverage and food sectors with 35 employees and 20 million euros in 2024 sales, operating independently to bolster sustainable filling and packaging expertise.