Reifenhäuser sells Reimotec to Dietze+Schell

Reifenhäuser Maschinenfabrik and Dietze+Schell Maschinenfabrik consolidate their activities in the niche markets monofilaments, strapping tapes and artificial turf.
Reifenhäuser transfers the two companies Reimotec Maschinen- und Anlagenbau, and Reimotec Winding Technology to the Coburg-based company. In the recent past, Dietze+Schell had already purchased Sima and Techno Plastic. Against this background a further consolidation was a strategically reasonable move for both parties to strengthen the new business unit by bundling competencies in this market. The companies have agreed not to disclose the sales price.