Krones USA has paid $125m to settle a legal dispute ongoing in the US since late 2008, linked to damages claims from third parties who alleged that the company was party to fraudulent practices committed by now defunct beverage firm Le-Nature’s.
Krones tells BeverageDaily.com that it plans to launch a heat-set version of its Contiform 3 stretch blow molder onto the market in 2013, as it revealed runaway sales since the machine's initial 2011 launch.
German beverage machinery supplier Krones says that interest in premium juices and milk-based mixed drinks with natural fruit pieces is growing in key European markets, in the wake of its recent Twin-Flow concept launch.
Krones has warned that damages it may be forced to pay over its alleged involvement in a US fraud and racketeering scam could cut its profits by tens of millions of dollars. The company denies any wrongdoing.