DALLAS and MINNEAPOLIS — Industrial laundry equipment manufacturer Kannegiesser USA, a wholly owned subsidiary of Herbert Kannegiesser GmbH in Dallas, has entered into an agreement to purchase E-Tech Inc. of Minneapolis, the company reports.
The new company, Kannegiesser ETECH, will begin merged operations immediately.
Martin Kannegiesser, CEO of Herbert Kannegiesser GmbH, recently signed the agreement with E-Tech owner Joe Schult. The merged company will focus on the North American market, offering completely integrated automated equipment solutions to laundry operators.
Terms of the acquisition were not disclosed.
Kannegiesser is known for its washing, finishing and uniform processing systems. The E-Tech product line of eRail Monorail and conveyor solutions, as well as its eVue Software, is a good complement to the Kannegiesser laundry processing equipment, according to the company.
“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,” says Martin Kannegiesser.
Kannegiesser ETECH will have its headquarters in Minneapolis and a sales and service support office in Dallas, according to the company. Leading Kannegiesser ETECH will be CEO Phil Hart, with Schult as COO.
“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,” says Hart.
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