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Schauenburg International Acquires majority share in Engmatec.

Press release:

SCHAUENBURG INTERNATIONAL acquired majority share in the automation expert ENGMATEC

Mülheim a.d. Ruhr / Radolfzell, 28 August 2019

The SCHAUENBURG INTERNATIONAL Group acquired the majority share in the automation specialist ENGMATEC based in Radolfzell (Lake Constance) and thus expanded its portfolio in the engineering field. The holding company in Mülheim with a long-standing tradition thus came out on top of the search for a successor. “We are happy to welcome ENGMATEC to SCHAUENBURG INTERNATIONAL. Not only is ENGMATEC a well-managed company, it is also future-oriented: strong in innovation and technological development and experienced in the development of individual solutions for various key accounts and industries,” says Florian G. Schauenburg, CEO of SCHAUENBURG INTERNATIONAL.

25 years after the company was established: successor found

A top priority for the company’s founders, Josef and Maria Engelmann, in their search for a successor was entrusting the future of their company – founded in 1994 – to a strong, qualified and empathic family-owned company. “Continuity and reliability for our customers and employees was our main focus in our search for a successor. SCHAUENBURG is a successor that meets our high standards and will enhance ENGMATEC in the best interest of our company,” says ENGMATEC’s managing director Josef Engelmann. “This succession has no impact on existing customer and supplier relationships or employment relationships,” he promises. “Besides, the companies within the SCHAUENBURG Group offer high synergy potential,” Engelmann continues.

Tried and tested management team to stay:

The reliable management team, managing director Josef Engelmann, head of HR and authorised signatory Maria Engelmann and managing director Thomas Lang will stay with the company and continue to be ENGMATEC shareholders. A newly established advisory board is to create space for additional incentives and development opportunities.

About ENGMATEC GmbH:

The name ENGMATEC has been a synonym for quality, pioneering spirit and individual solutions in automation and testing technology for 25 years now. As a process expert with strong competencies in manufacturing and innovation, ENGMATEC develops state-of-the-art testing technology for automated production lines. Key customers comprise well-known companies from different industries, including automotive, industrial electronics or medical technology. ENGMATEC and its subsidiaries ENGMATEC-Tecona and ENGMATEC SRL employ more than 200 employees at their sites in Radolfzell (Germany) and Miercurea Ciuc (Romania).

www.ENGMATEC.de


About SCHAUENBURG INTERNATIONAL:

SCHAUENBURG INTERNATIONAL is a family-managed holding company operating on an international level with a focus on acquiring majority shares in well-established and profitable industrial enterprises. Investments are made on a long-term basis, paying regard to sustainability and trustful cooperation with the existing management teams. SCHAUENBERG Group focuses on companies that are leading in technological niche markets and that strengthen and/or reasonably supplement existing business domains.


www.schauenburg.com


Contact person for Schauenburg International:

Ute Drescher

Manager Corporate Communication and Digitalisation

+49 (0)208 99 91 122

u.drescher@schauenburg.com

Contact person ENGMATEC:

Sabine Vormbaum

Marketing and communication

+49 (0)7732 99 98 23

sabine.vormbaum@engmatec.de

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