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. The transfer date will be January 3, 2024.
The KüstersPress and ContiPress technology is used for the production of MDF and particleboard. Between 1987 and 2006 more than 60 presses were delivered. Today more than 50 presses are still in operation all over the world. These presses require technology support, spare parts, service and modernization.
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 center. The center will be fully focused on KüstersPress and ContiPress technology.
“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. 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 2000 m2 including offices, a customized workshop and the logistics center,” says Lars Eklund, CEO of Sunds Fibertech.
Sunds Fibertech supplies machinery and services to the panel board industry. Sunds Fibertech is a Swedish company headquartered in Timrå, Sweden. The company also has offices in China, Chile, Germany and Malaysia and representatives in several countries.
