Krones Acquires Gernep Group - Quick Facts

Krones AG (KRNTY.PK,KRNNF.PK), Neutraubling, Germany, a leading manufacturer of beverage filling and packaging technology, announced it has purchased a 100% stake in the Gernep Group, Barbing, Germany.

As an international vendor of labellers in the low and medium output ranges, Gernep offers customised solutions. Besides the beverage industry, the company's principal markets are food, cosmetics and pharmaceuticals. It will continue to operate autonomously with the existing management and sales structures.

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