Brückner Group acquires PackSys

The Brückner Group (Siegsdorf, Germany), manufacturer of lines and components for the production and processing of plastic films, acquired all shares of PSG – PackSys Global (Zürich, Switzerland), a well known manufacturer of equipments and complete lines for aluminum, plastic and laminate tubes, metal and plastic closures and monobloc aerosol cans, as well as dry offset printing systems which can be integrated into production lines for tubes, metal caps and cans. PSG has a primary R&D center in Switzerland, manufacturing and assembly bases in Switzerland and Thailand as well as a software development centre in India. With around 300 employees in those countries PSG will have, in the fiscal year ending March 2011, consolidated sales of approx. CHF 70 Mio. The Brückner Group includes Brückner Maschinenbau (film stretching and specialty film lines), Brückner Servtec (technical services) and Kiefel (joining and forming machines for the automotive, medical, refrigerator and packaging industries).