Kautex Maschinenbau is complaining about a decline in sales. The main reason for this is the slowing economy in the automotive sector, particularly in the Chinese market. According to a press release, the manufacturer of extrusion blow moulding machines intends to respond with „personnel adjustments“ and a reorientation of sales.
In recent years, the company has benefited Chewing text According to the press release, the company is experiencing above-average growth. The Automotive business, but above all the sale of all-electric high-performance machines for the Packaging industry were the reasons for the good business success. As a result, the number of employees at the company headquarters in Bonn has risen sharply in recent years.
The Kautex management has taken various measures to respond to the reduced demand. This also includes the Reduction in headcount. „This adjustment can be expected in the near future,“ says Dr Olaf Weiland, Chairman of the Kautex Management Board, who also announces further activities: „The first priority is a comprehensive programme to Increased efficiency in all company processes. We are also positioning ourselves with a more focussed sales approach.“
Divisional sales organisation for packaging is established
The Distribution was previously active across all sectors. In future, Kautex wants to organise sales along the lines of the packaging and automotive sectors. In addition, the company wants to Use of recycled material which is particularly important for the Packaging machines should benefit from this. The company is currently working flat out on technical solutions in order to maintain its leading technological position in the processing of recycled materials in the future. High-performance machines for plastic packaging and expand it.
Kautex Maschinenbau currently has 530 employees in Germany. The head office is in Bonn. A further 170 employees work in regional branches in the USA, Russia, China, Italy, India and Mexico. The company estimates its global annual turnover for 2017 at more than 140 million euros. The majority shareholder of Kautex only changed at the beginning of 2018. The Austrian industrial holding company Plastech Beteiligungs GmbH took over 74.9 per cent of the company shares. It replaced the then main shareholder capiton AG.
