The Körber Executive Board is seeking a new owner for ECH Will, Pemco and Kugler-Womako, which together form the Paper Systems business unit of the Körber PaperLink Group.
“We have taken a strategic decision that has nothing to do with the performance of the companies,” states Hildemar Böhm, Chairman of Körber PaperLink. “Our aim is to find a suitable new owner for Paper Systems which will continue the success stories of the past years together with the companies.
“All three are successful companies with a high customer focus, dedicated employees and excellent know-how. We are convinced that they will have better prospects with a new owner who is willing to enter into a long-term commitment and who supports their strategies.”
ECH Will, Pemco and Kugler-Womako collectively have around 440 employees worldwide. Sales in 2010 amounted to some €100 million. They have sales and service offices in Asia, Latin America Scandinavia, and Russia and a global agent network.
The PaperLink Division is set to remain part of the Körber Group, concentrating on its competencies in the fields of tissue, hygiene, mailing solutions and production logistics.
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