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Industry News and Press: Business Expansion, Acquisitions & Jobs

Krones buys process systems company Javlyn

Thursday, May 25, 2017   (0 Comments)
Business Journal

David Schuyler

 

 

Krones Inc., a packaging and bottling systems manufacturer in Franklin, said Thursday that it has acquired Rochester, N.Y.-based Javlyn Inc., a provider of process systems for the food, dairy, beverage, chemical and pharmaceutical industries.

The acquisition represents another step in Krones’ strategy to expand its process integration capabilities, the company said in a press release. Javlyn will remain in its current location in New York and will continue to be led by vice president Ron Bielinis and president Victor Tifone.

Financial terms of the transaction were not disclosed.

"Javlyn's experience and know-how in the field of process technology is very synergetic to Krones, and its customer base is a great fit for us," said Holger Beckmann, president and CEO of Krones Inc.


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