Mannesmann Plastics group is sold. (Your Business in Brief).Mannesmann Plastics Machinery (MPM MPM Multi-Processing Module (Apache) MPM Manufacturing Process Management MPM Milwaukee Public Museum MPM MMW (Millimeter Wave) Power Module MPM Master of Project Management (degree) ), the world's largest plastics machinery maker, has been sold by its German parent company Siemens AG Siemens AG German electrical-equipment manufacturer. The first Siemens company, Siemens & Halske, was founded in Berlin in 1847 to build telegraph installations. to Kohlberg, Kravis Roberts & Co. (KKR KKR Korringa-Kohn-Rostoker (method) KKR Kohlberg, Kravis & Roberts & Co. KKR Kalkara (postal locality, Malta) KKR Kramers-Kronig Relations KKR Komarappa Gounder Ramalingam (hospital in India) ) L.P., a private investment company with headquarters in N.Y.C., Menlo Park Menlo Park. 1 Residential city (1990 pop. 28,040), San Mateo co., W Calif.; inc. 1874. Electronic equipment and aerospace products are manufactured in the city. Menlo College and a Stanford Univ. research institute are there. 2 Uninc. , Calif., and London. The machinery businesses is owned by a new holding company, Demag Holding s.a.r.l. of Luxembourg, of which KKR owns 81% and Siemens 19%. MPM comprises five injection-machine suppliers: Billion, Demag Ergotech, Krauss-Maffei, Netstal, and Van Dorn Demag, as well as Berstorff, a maker of compounding machinery. (Netstal remains part of the group after an intended sale to a Swiss investor last year was canceled.) |
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