Krones AG

With all the excitement surrounding today’s leading tech firms, we sometimes forget that there are successful companies providing low-tech products. Krones AG is a machine packaging and bottling manufacturer. Founded in 1951, Krones thrived under the resurgence of Germany in the late 1950s. The company has expanded its operations to include processing technology designed to aid with the creation of carbonated beverages. Krones AG, ticker: KRN.DE is listed on the Frankfurt Stock Exchange. The company launched an IPO back in 2002, acquiring several companies since then, including Trans-Market, System Logistics and Javlyn. Krones faces stiff competition from the likes of SIG Combibloc, Sidel SA and Tetra Pak. With over 600 patents and 20 trademarks, Krones has amassed an impressive collection of intellectual property throughout the years. Krones AG also employes thousands of workers, with the majority located at its German facilities. In addition, the company has an Italian manufacturing facility – a result of its System Logistics acquisition. Don’t wait to start trading. Add KRN.DE to your watchlist now.