MHT, based in Hochheim, Germany, together with its subsidiaries is providing injecting molding tools and services to the PET industry. The company generates approximately €25 million revenues with 125 employees.

Krones can now offer a broader portfolio of PET capabilities for customers in the beverage industry, who increasingly demand integrated solutions. Acquiring MHT enables Krones to close the PET cycle, from PET preform manufacturing and stretch blow moulding all the way through to PET recycling - and then back to the manufacture of a new preform.

In April 2018, Krones acquired 70% in Integrated Plastics Systems AG, Switzerland. The company is focussing on providing turnkey PET injection molding solutions for the beverage industry. These two acquisitions are both enhancing the Krones PET competence and portfolio.

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