Krones AG (Krones) is a manufacturer of packaging and bottling machine. It develops, manufactures, and installs machines of bottling, canning, process technologies, filling and packaging systems. The company offers system engineering, labelling, inspection, cleaning, plastics, packing, and palletizing and conveyor technologies and systems for product filling and decoration. It also provides brew house, filtration and product treatment systems for beverage production and processing industries. Krones serves food and diary, chemicals, pharmaceuticals, cosmetics, alcoholic and non-alcoholic beverage sectors. The company operates its production and sales facilities in Germany and maintains regional sales and services offices in the Americas, Europe, Asia- Pacific, the Middle East and Africa. Krones is headquartered in Neutraubling, Bayern, Germany.

Headquarters Germany

Address Boehmerwaldstrasse 5, Neutraubling, 93073


Telephone 49 9401 700

No of Employees 16,437

Industry Industrial Goods and Machinery

Ticker Symbol & Exchange KRN (ETR)

Revenue (2021) $4.3B 9.4% (2021 vs 2020)

EPS XXX

Net Income (2021) XXX 277.4% (2021 vs 2020)

Market Cap* $3.5B

Net Profit Margin (2021) XXX 262.1% (2021 vs 2020)

* As of and is in US$

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ICT Spend & Tech Priorities

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Products and Services

Products Services
Brewery Systems Plant Consulting Services
Storage and Production Tanks Plant Expansion Services
Process Control Systems Structural Planning
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2022 Acquisitions/Mergers/Takeovers In November, the company acquired 80.5% stake of R+D Custom Automation LLC.
2022 New Products/Services In March, the company announced a new addition to its portfolio, the Krones Ozonomic ozoniser.
2021 New Products/Services In April, the company’s subsidiary Kosme launched a multipurpose filler that handles glass bottles, PET containers, and cans.
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Competitor Comparison

Key Parameters Krones AG ABB Ltd Tetra Laval International SA Valmet Corp KUKA AG
Headquarters Germany Switzerland Switzerland Finland Germany
City Neutraubling Zuerich Pully Espoo Augsburg
State/Province - - Waadt - -
No. of Employees 16,437 104,400 35,275 17,511 14,762
Entity Type Public Public Private Public Public
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Executives
Name Position Board Since Age
Christoph Klenk Chief Executive Officer Senior Management 2016 -
Norbert Broger Chief Financial Officer Senior Management 2020 -
Thomas Ricker Chief Sales Officer Senior Management 2018 -
Volker Kronseder Chairman Non Executive Board 2016 68
Ralf Goldbrunner Director - Operations Senior Management 2022 -
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
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