HF acquires Slovak engineering company

ERJ staff report (DS)

Feudenberg, Germany -- Harburg-Freudenberger Maschinenbau GmbH, has acquired all shares in Its supplier, the engineering company ZTS-LR NaJUS, a.s., headquartered in Dubnica, Slovakia.

ZTS-LR NaJUS, a.s. builds specialised equipment with a focus on welded structures, mechanical processing, and the assembly of complex machines and components. The company has roughly 250 employees as well as its own engineering capacities and fixture construction facilities. Terms of the deal were not disclosed.

The company has been a long-term supplier to HF Mixing Group. HF said the acquisition secures the future availability of inexpensive

assemblies and specialized equipment. ZTS will continue to supply its existing third party customers.

Prof. Dr.-Ing. Andreas Limper, CEO at HF said, “The sustained positive order

situation in our Group requires an expansion of our manufacturing capacities. ZTS-LR NaJUS is an

ideal fit in order to fulfill the requirements we set for an additional manufacturing site, which we

plan to further expand. The new location ensures that we can continue to offer our customers

competitively-priced, high-quality machines in the future. We can also manufacture all core

components at our own sites without a loss of expertise.”

The previous majority shareholder in the company was the Slovakian Rona Group.

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Press release from HF