In addition, adjacent Mondi Holding Deutschland properties have been taken over by EMACS Immobilien Raubling. With this acquisition the Heinzel Group has both entered the corrugated containerboard segment and simultaneously secured raw materials, production capacity and sales.
Alfred Heinzel, the Heinzel Holding GmbH CEO, said: “We can put the know-how from Raubling to effective use in the Heinzel Group. We mainly anticipate synergy effects between our Laakirchen Papier AG, Raubling Papier GmbH, Bunzl & Biach GmbH and Chiemgau Recycling GmbH subsidiaries. Moreover, we look forward to successful teamwork with our new colleagues.”
The integration of the Raubling location will increase Heinzel Group sales by around Euro 100 million annually and raise its paper capacity by 200,000 tonnes per year.
Along with the location, the group has also taken over 170 employees and appointed Maximilian Luger (formerly the CFO in Raubling) and Klaus Vlach (CFO Bunzl & Biach GmbH, Heinzel Group Auditing Manager) as the Raubling Papier GmbH’s managing directors.
