Krones AG is engaged in production of machineries and systems for filling and packaging and for beverage production. The company operates through the following segments: Product Filing and Decoration, Beverage Production/Process Technology, and Machines and Lines for the Compact Class segments. The Product Filing and Decoration segment offers machines and complete lines for filling, packaging, labeling, and conveying products. The Beverage Production/Process Technology segment includes brewhouse and cellar systems. The company was founded by Hermann Kronseder in 1951 and is headquartered in Neutraubling, Germany.