About Krones
Krones is a company based in Neutraubling (Germany) founded in 1951.. The company has 20,380 employees as of December 31, 2024. Krones has completed 11 acquisitions, including AMPCO METAL, Ampco and Javlyn.
- Headquarter Neutraubling, Germany
- Employees 20380 as on 31 Dec, 2024
- Stage Public
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Sectors
Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Krones Ag
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Annual Revenue
$5.5 B (USD)12.14as on Dec 31, 2024
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Net Profit
$287.69 M (USD)23.34as on Dec 31, 2024
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EBITDA
$523.37 M (USD)22.45as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
20380
as on Dec 31, 2024
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Investments & Acquisitions
AMPCO METAL
& 10 more
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IPO & Listings of Krones
Krones is a publicly listed company on the XETR with ticker symbol KRN in Germany, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Funding Insights of Krones
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Krones
Krones has strategically engaged in corporate development activities, having acquired 11 companies. Notable acquisitions include AMPCO METAL, Ampco and Javlyn. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Print packaging products are manufactured by Till Tech.
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2012 | ||||
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Process automation, digitization, and transformation services are provided.
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2002 | ||||
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High-precision PET preform molds and hot runner systems are manufactured.
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1996 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Krones
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Krones Comparisons
Competitors of Krones
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Krones
Frequently Asked Questions about Krones
When was Krones founded?
Krones was founded in 1951.
Where is Krones located?
Krones is headquartered in Neutraubling, Germany. It is registered at Neutraubling, Bavaria, Germany.
Who is the current CEO of Krones?
Christoph Klenk is the current CEO of Krones.
How many employees does Krones have?
As of Dec 31, 2024, the latest employee count at Krones is 20,380.
What is the annual revenue of Krones?
Annual revenue of Krones is $5.5B as on Dec 31, 2024.
What does Krones do?
Krones was founded in 1951 in Neutraubling, Germany, where operations are centered on the production of machinery for filling and packaging in the food and beverage sector. Equipment and systems are developed to handle bottling, canning, and labeling processes for various products. Services include installation, maintenance, and customization to meet industrial needs across global markets, with a focus on efficiency in manufacturing workflows.
Is Krones publicly traded?
Yes, Krones is publicly traded on XETR under the ticker symbol KRN.
How many acquisitions has Krones made?
Krones has made 11 acquisitions, including AMPCO METAL, Ampco, and Javlyn.
What is Krones's ticker symbol?
The ticker symbol of Krones is KRN on XETR.