Krones (kronesusa.com), a manufacturer of filling and packaging solutions, has acquired MHT Holding AG (MHT). MHT, based in Hochheim, Germany, provides injecting molding tools and services to the PET industry. The acquisition of MHT represents an extension of the Krones PET product portfolio into tooling for PET preform manufacturing thereby closing a gap in the Krones PET value chain.

Krones will now offer a broader portfolio of PET capabilities for customers in the beverage industry. The acquisition enables MHT enables Krones to close the PET cycle, from PET preform manufacturing and stretch blow-molding all the way through to PET recycling and then back to the manufacture of a new preform. Acquiring MHT enables Krones to close the PET cycle, from PET preform manufacturing and stretch blow-molding all the way through to PET recycling — and back to the manufacture of a new preform.

MHT’s headquarter will remain at Hochheim with the current management to continue to run the business.