As of April 16th 2015, the Reifenhäuser Group has taken acquisition of German spinneret manufacturer and long-time supplier Enka Tecnica.
Enka Tecnica will continue to operate as an independent business unit within the Reifenhäuser Group and Uwe Gaedike will continue to be its CEO.
Reifenhauser
Uwe Gaedike (left), Managing Director of Enka Tecnica and Bernd Reifenhäuser (right), CEO of the Reifenhäuser Group.
With this acquisition, Reifenhäuser is expanding its knowhow across the value chain, taking the next strategic step to promote growth. The Group is constantly pursuing technological leadership through in-house development and the acquisition of companies with knowledge in market-relevant technologies to ensure long-term success.
Bernd Reifenhäuser, CEO of the Reifenhäuser Group, commented: "Our customers are won over, above all, by our leading technology. With Enka Tecnica, the specialist in spinnerets, we can accelerate future development in the area of extrusion tools and further establish our leading market position in the field of nonwovens. However, our goal is to achieve growth in all of Enka Tecnica's business areas: as a result, all of the existing business relations will be left unchanged, and all of the existing product segments will continue to be further developed. We guarantee Enka Tecnica the independence that the company needs in order to continue to work with customers on custom development projects in strict confidentiality."
In addition to the market segment spinnerets for nonwovens, which is of particular relevance for Reifenhäuser, Enka Tecnica serves the segments: wet and dry spinning, melt spinning and micro components.
Mr Gaedike, Enka Tecnica's CEO, is especially excited about the opportunities that the new corporate structure offers for accelerated innovation and sustainable growth.
"Effective immediately, we are operating as part of a stable, financially secure group that thinks and acts based on the long term. For us, this is very positive. There will be no changes in respect to existing business relations and partnerships – our customers will now be able to benefit from our expanded development capacities: When collaborating with us on development projects, our customers now have the option of also bringing in experts from the Reifenhäuser network. The decision to do so is, of course, always in the hands of our business partners," he stated.
Enka Tecnica produces at both locations, Heinsberg (North Rhine-Westphalia) and Gröbzig (Saxony-Anhalt). The latter will be relocated to Halle (Saxony-Anhalt) in summer 2015, in favour of more advanced operating technology and higher productivity. In addition to Troisdorf, Worms and Lampertheim, Reifenhäuser will have these two additional production sites in Germany.
Mr Reifenhäuser says: "We are confident that the plastic extrusion market will continue to grow, and we are committed to the location Germany. We will continue to invest here in the future. This is where we develop and produce our core components – one of the main reasons for this is because we value the extensive network of expertise in Germany. Enka Tecnica's technology perfectly complements this network. We look forward to working together with the entire team."
