Press release

26. January 2024 / in

Königsbach-Stein – 24.01.2024: At the end of November 2023, the shareholders of the HÄRTER Group publicly announced that they had signed an agreement to acquire Hoffmann GmbH. Following approval by the antitrust authorities, the deal was closed at the end of 2023.

 

Axel Steiger, CFO of the HÄRTER Group, says: „This merger underlines our ambition to further expand our market position as the world's leading independent supplier of stamped and injection molded parts.”

This strategic merger marks a significant step towards bundling the companies' expertise in the field of high-precision stamped parts and jointly expanding the portfolio in the field of electromobility and industrial applications.The synergies between the strengths of the two companies will enable a wide range of products and services to be offered in order to continue to meet the growing demands of the market.

In addition to its technical experience, Hoffmann GmbH also brings a rapidly growing plant in Mexico to the Group, as well as BIHLER technology, which is to be further expanded within the Group alongside classic progressive die technology.

"Now the work begins for all of us," says Markus Wild, COO of the HÄRTER Group. "Of course, we will analyze our joint location and product portfolio with regard to synergies - also in view of the current tense market situation."

Viviana Roth, Managing Director of Hoffmann GmbH, adds: "We are confident that the combined expertise will open up new market prospects for us."

Both Hoffmann GmbH and the HÄRTER Group are leaders in the field of stamping, bending and assembly technology with high-performance toolmaking and prototyping.

 

About the HÄRTER Group:

Founded in 1964, the company focuses on stamping technology, toolmaking and injection molding technology. In recent years, the company has developed into a technology and innovation leader in the field of tool and mold making as well as stamping and injection molding technology and realizes applications for the mobility, electronics and industrial sectors.

About Hoffmann GmbH:

Founded in Pforzheim in 1979, the company is a leading manufacturer of stamped and bent parts, particularly for the mobility sector. It produces its parts at sites in Pforzheim, Querétaro (Mexico) and Changzhou (China).

For further information please contact:

Melanie Otto

- Assistant to the Management Board -
HÄRTER Gruppe
Gutenbergstr. 6-8
75203 Königsbach-Stein

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