With this transaction, agreed on December 12, Sunds Fibertech will become the OEM supplier for this technology area. The transfer date will be January 3, 2024.

The KüstersPress and ContiPress technology is used for the production of MDF and particleboard. Between 1987 and 2006 more than 60 presses were delivered using this technology and today more than 50 presses are still in operation all over the world. These presses require technology support, spare parts, service and modernization.

Sunds Fibertech will expand its German technology centre in Willich, close to Siempelkamp's headquarters in Krefeld, to grow sales, offer technical support, build up a workshop and a logistics centre. 

The centre will be fully focused on KüstersPress and ContiPress technology.

“By combining the business volumes of KüstersPress and ContiPress in Sunds Fibertech we will secure a strong long-term support for these presses,” said Stefan Wissing, CEO of the Siempelkamp Logistics & Service Business Unit. 

“We are convinced that Sunds Fibertech's focus will ensure the best support and solution for the customers.”

“With this acquisition we will strengthen our position as a strategic partner to our customers and we will be able to offer a much wider service portfolio,” added Lars Eklund, CEO of Sunds Fibertech.

Our team in Germany will be a good combination of several experts who have been part of the Küsters journey from the very beginning and the next generation of press experts. The new technology centre will count about 2000m2 including offices, a customized workshop and the logistics centre.”