On 22 June 2016 the contract confirming the transfer of all shares of the Battenfeld-Cincinnati group to Industrie Holding Nimbus was signed. With the take-over, the Battenfeld-Cincinnati group will receive new financial resources and equity capital will be strengthened in a sustainable manner. The parties have agreed not to disclose details of the purchase price.

“After our successful organizational restructuring in the middle of last year, we can now focus on further product developments and investments that will strengthen and expand our market leadership with Nimbus’ support”, says Gerold Schley (picture above), CEO of the Battenfeld-Cincinnati group. “We are delighted to have a new investor in Nimbus that will actively support and advance the new developments and growth plans of the Battenfeld-Cincinnati group”.