Page 32 - Glass Machinery Plants & Accessories no. 1-2020
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CUSTOMIZED SERVICE
Customized service
FUTRONIC
supporting operations
of GPS machines worldwide
UYOUT AND RELAUNCH Production Facilities Business in the future. Both sides would
When a few strong Unit – and concentrate on its profit from the decision – a clas-
B investors led by core business. The new owners, sic win-win situation, it seemed.
GPS Glasproduktions-Service on the other hand, were hoping Yet those hopes were soon not to
GmbH’s then General Manager the management buy-out would be. GPS went insolvent in spring
bought out the company from enable more flexible support to be 2018 and was eventually wound
a German packaging manufac- provided to international custom- up on 31 January 2019, after
turing group, the idea was to ers in the container glass indus- more than 90 years of develop-
relaunch in eager anticipation try. The two firms simultaneous- ing and producing (IS) machines
of a bright future. The latter ly announced their intention to and components for the global
was planning to restructure its engage in strategic cooperation container glass industry.
30 glass machinery plants & accessories 1/2020