Technotrans AG acquired a majority interest of 98% of gwk

The technotrans AG which is located in Sassenberg, Germany acquired a majority interest of 98 percent company shares. As a new member of the internationally successful technotrans group gwk made an important step for expanding their business and securing the companies' future. gwk will remain an independent company with headquarters in Meinerzhagen under the operational leadership of Mr. Helmut Gries and Mr. Dr. Michael Zaun.

The technotrans group manufactures, sells and modernises applications in the area of liquid technology. This includes cooling, temperature control, filtration as well as measurement and dosing systems for the printing and laser industry, machine tools, stamping and forming technology, batteries and converter cooling, as well as medical and scanning technology. Listed in the Prime Standard market segment of Frankfurt Stock Exchange technotrans AG currently employs approx. 870 employees worldwide and achieved a turnover of 122.8 million euros in 2015. 

With its 23 locations the company is present in important markets all over the world. The gwk customers will benefit from the international network of sales and service locations of the company group that is oriented towards sustainable growth and that pursues the consequent development of the product and service portfolio. 

All previous contacts for customer support remain unchanged. gwk thanks all their customers and partners for the confidence they have placed in them and looks forward to continuing their successful cooperation.

 

Persons from left to right, upper row: Dirk Engel, CFO technotrans AG, Patrick Zeppenfeld, outgoing managing partner gwk, Henry Brickenkamp, CEO technotrans AG

Lower row: Dr. Michael Zaun, CTO gwk, Dr. Christof Soest, CTO and COO technotrans AG, Helmut Gries, CCO gwk

 

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