INDUS: Acquisition of H+S Group successfully completedMay 4, 2022
With the closing on 8 April 2022, stock exchange-listed INDUS Holding AG successfully completed the acquisition of Heiber + Schröder Maschinenbau GmbH (H+S). Headquartered in Erkrath, Germany, H+S also includes a US subsidiary, Heiber Schroeder USA, Inc. (Cary, Illinois). The medium-sized supplier of special machinery for the cardboard industry is now wholly owned by the INDUS Group, which now has a total of 47 subsidiaries. INDUS’ most recent acquisitions were JST and WIRUS at subsidiary level and FLACO at sub-subsidiary level.