USA
Kannegiesser USA, a wholly owned subsidiary of Herbert Kannegiesser of Germany, has entered an agreement to purchase E-Tech, Inc. of Minneapolis, Minnesota. The new company, Kannegiesser ETECH, commenced merged operations from 6 April 2017.
Martin Kannegiesser, CEO of Herbert Kannegiesser signed the agreement with E-Tech owner Joe Schult. The merged company will focus on the North American market bringing completely integrated automated equipment solutions for laundry operators.
The E-Tech product line of eRail Monorail and conveyor solutions as well as eVue Software is the perfect complement to the Kannegiesser laundry processing equipment, said Martin Kannegiesser.
He said: “In the future, the integration of machine technology with logistics and conveyor technology will continue to gain in importance, which is why we need a strong North American team on site.”
Kannegiesser ETECH will have its headquarters in Minneapolis and have a sales and service support office in Dallas as well. The combined company will be led by Phil Hart, CEO and Joe Schult will take the role of COO for Kannegiesser ETECH.
“This decision to invest in a manufacturing facility in North America is both a representation of the dedication to our market, and a testament to the quality of E-Tech’s design and manufacturing in Minneapolis,” said Phil Hart.
Herbert Kannegiesser, headquartered in Vlotho, Germany, generated sales of over $330M (300million euro) in 2015. It operates in 53 countries and employs over 1,600 people worldwide, with approximately 190 employees in North America.
