Corporate Announcements Majority shareholder takes control at Zimmer & Kreim
A company founder returns to management.
EDM and handling system supplier Zimmer & Kreim has announced that its long-standing technology partner Indel AG, Russikon, Switzerland, has become the company’s majority shareholder.
The company said Indel has long helped establish the quality of its products with technology components, and it is now also taking over the commercial responsibility. Zimmer & Kreim CEO Wolfgang Emert said, “The common goal is to push ahead further with the technical innovations. This way we are laying secure foundations for a successful future.”
Zimmer & Kreim also noted that company founder Klaus Kreim has returned to the firm after reacquiring shares in the company bearing his name. Emert will run the company and “have the sole power of representation”, the suppler said.