In 2014 BST International and eltromat, two leading companies in the field of quality assurance and production optimization in the web processing industry agreed to merge to form BST eltromat International. A year after the merger, the executive team reflects positively on the consolidation.
Johann-Carsten Kipp, executive director – technical division, BST eltromat, says, “The merger was basically about achieving a size and a level of financial strength which enables us to be on an equal footing with our major national and international customers.” The merger of the two companies is now enabling a higher level of market access, especially to the growing markets like Asia, highlights Kipp.
Kristian Jünke, sales director, BST eltromat, confirms, “The merger of our two companies has already proven to have been a good decision and the right one.” The company can now manage its customers more intensively and respond to the market and application-related requirements on a more targeted basis.
Gunter Tautorus, managing director of BST eltromat, says, “We have received a consider- able amount of positive feedback about the merger of BST International and eltromat, both from customers and partners and within the company group.” As a 100% subsidiary of EMG Automation, BST eltromat is part of both elexis and the SMS Group. The shareholders also view the company merger in a very positive light. “The merger has enabled us to attain goals which would have been very hard for either of the two former companies to have ever achieved. Another key point is that we have also been able to reduce our product introduction periods – from the development to the market launch considerably. Theprocess of integration is not yet completely over, however, it has been possible to complete all of the key tasks this year, the process will be finally completed in 2016.”
The impact, resilience, and growth of responsible packaging in a wide region are daily chronicled by Packaging South Asia.
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