Siempelkamp Maschinen- und Anlagenbau GmbH increases its stake in Pallmann Maschinenfabrik GmbH & Co. KG, with headquarters in Zweibrücken, Germany, to 75%.
In the range of services offered by the Siempelkamp Group, Pallmann plays an important role as the specialist for size-reduction technology and preparation systems.
For plant operators from the wood-based materials industry, size-reduction equipment and preparation systems belong to the in-demand scope of supply.
The Krefeld machine and plant engineering specialist therefore decided to continue the integration of the company from Zweibrücken. The 45% increase in shareholding in Pallmann Maschinenfabrik GmbH & Co. KG and Ludwig Pallmann Verwaltungsgesellschaft mbH, last recorded in the beginning of 2016, was increased by Siempelkamp as of December 15, 2016 to 75%.