On 12 Dec, Siempelkamp and Sunds Fibertech have signed an agreement for the sale of the KüstersPress and ContiPress service business.
With this transaction, Sunds Fibertech will become the OEM supplier for this technology area. According to Siempelkamp’s press release, the transfer date will be 3 Jan 2024.
The KüstersPress and ContiPress technology is used for the production of medium-density fibreboard (MDF) and particleboard. Between 1987 and 2006, more than 60 presses were delivered, as reported by Siempelkamp.
Today, more than 50 presses are still in operation all over the world. These presses require technology support, spare parts, service and modernisation.
Sunds Fibertech will expand its German technology center in Willich, close to Siempelkamp’s headquarters in Krefeld, to grow sales, offer technical support, build up a workshop and a logistics centre. The centre will be fully focused on KüstersPress and ContiPress technology.
Stefan Wissing, CEO of the Siempelkamp Logistics & Service Business Unit, pointed out: “By combining the business volumes of KüstersPress and ContiPress in Sunds Fibertech, we will secure a strong long-term support for these presses.
“We are convinced that Sunds Fibertech’s focus will ensure the best support and solution for the customers.”
“With this acquisition, we will strengthen our position as a strategic partner to our customers and we will be able to offer a much wider service portfolio,” said Lars Eklund, CEO of Sunds Fibertech
“Our team in Germany will be a good combination of several experts who have been part of the Küsters journey from the very beginning and the next generation of press experts. The new technology center will count about 2,000m2 including offices, a customised workshop and the logistics centre.”
Sunds Fibertech supplies machinery and services to the panelboard industry, with its own patents in areas such as energy recovery, capacity increase and emission control. It has offices in China, Chile, Germany and Malaysia, and representatives in several countries.