Packaging
Kongkilde Industries AS Acquires MATHO Konstruktion & Maschinenbau GmbH
Tuesday 11. July 2023 - The Matho acquisition marks a milestone in Kongkildes growth strategy and commitment to delivering innovative and sustainable solutions for industrial applications. With this strategic move, Kongkilde solidifies its position as a key player in the industrial pneumatic conveying market.
Kongkilde Industries A/S, a leading global provider of pneumatic solutions for industrial material handling, is pleased to announce the acquisition of MATHO Konstruktion & Maschinenbau GmbH, a prominent German manufacturer specializing in industrial pneumatic conveying. Kongskilde will continue the business under a new entity called Matho Absaugtechnik GmbH.
The acquisition will further strengthen Kongkilde’s position in the industrial sector and expand its product portfolio, enabling the company to offer comprehensive solutions to customers worldwide.
The Matho acquisition marks a significant milestone in Kongkilde’s growth strategy and commitment to delivering innovative and sustainable solutions for industrial applications. With this strategic move, Kongkilde solidifies its position as a key player in the industrial pneumatic conveying market.
Under the new ownership, Matho will operate as Matho Absaugtechnik GmbH, reflecting the combined expertise and shared vision of the two companies. The newly formed entity will benefit from the synergies and complementary product portfolios that Kongkilde and Matho bring to the table.
Jeppe Lund, CEO of Kongkilde Industries A/S, expressed enthusiasm about the acquisition, stating, “We are thrilled to welcome Matho Absaugtechnik GmbH into the Kongkilde family. The addition of Matho’s innovative industrial pneumatic conveying solutions will enhance our ability to serve our customers across various industries, including paper, packaging, plastics, and recycling. This acquisition strengthens our commitment to providing cutting-edge, sustainable solutions that optimize productivity and reduce environmental impact.”
Thomas Thor, Managing Director of Matho Absaugtechnik GmbH, also expressed excitement about the collaboration, stating, “Becoming part of Kongkilde Industries A/S is an excellent opportunity for Matho. By joining forces, we combine our respective strengths and expertise to offer customers a more comprehensive range of advanced pneumatic conveying solutions. Together, we will be able to provide tailored, high-performance solutions that meet the evolving needs of the industry.”
The acquisition aligns with Kongkilde’s strategy of expanding its product offerings and geographic reach while fostering innovation and customer-centricity. Kongkilde Industries A/S and Matho Absaugtechnik GmbH share a common commitment to delivering exceptional quality, reliability, and customer satisfaction.