Zeppelin Acquires Chronos Richardson’s MPS Division
Zeppelin Silos & Systems GmbH (Friedrichshafen) has acquired Chronos Richardson’s Materials Processing Systems (MPS) division located in Nottingham, UK establishing a new subsidiary in the city. With the consent of the Antitrust Commission Zeppelin’s acquisition of the “Conveying, Dosing and Weighing and Control Technology” product portfolios from the British manufacturer Chronos Richardson has been completed.
According to the company’s the complementary skills of Zeppelin & Chronos will be beneficial for the future development of the important tyre and rubber manufacturing segment. The control technologies, for which Chronos set recognised technical standards, are expected to complete Zeppelin’s product portfolio and the company says the new enterprise will also become a trend-setter for research and development in various industrial sectors in the future. (The world’s largest test centre for the handling of bulk solids including two purpose built research plants (one for pellets and one for powder) is located at the Zeppelin facility in Friedrichshafen, Germany).
The former MPS business unit which has been taken over and is being integrated into the Zeppelin Systems Limited subsidiary in Nottingham will be responsible for manufacturers of tyres and technical rubber products world-wide. It will also serve UK-based engineering companies for Engineer, Procure and Construct contracts worldwide. The new competence centre has direct access to the international Zeppelin network with companies in Asia, North America, South America and Europe and agents world-wide. Zeppelin has subsidiaries in Italy, India, USA, Singapore, China, and Russia and production plants in Germany, Belgium, Brazil and now the UK.
Zeppelin’s industrial group is expected to achieve a turnover of approximately 170 million euros in 2007 (up from 126 million euros in 2006). The Nottingham subsidiary, which has approximately 25 employees, is forecast to achieve 10 million euros of turnover this year.