The voestalpine Rotec GmbH, an enterprise of the division motion the stock exchange-noted voestalpine AG, acquired the HTI machine and apparatus engineering GmbH to 100 per cent. The appropriate contract was signed - subject to the agreement of the kartellbehoerde - on 17 February.
HTI with seat in Annweiler at the tri rock, Rhineland-Palatinate, is specialized in rotation shaping and surface technique. The enterprise manufactures a broad product range of transformed tubing construction units, which find predominant to automotives within the range, in particular into the comfort and safety segment, use. Examples of it are receivers for Airbags, the quantity production of tubing construction units for the pneumatic cushioning in passenger car Premiumklassen as well as most diverse design features.
Since in the year 1992 the enterprise was up to to its establishment continuously and increasingly on products for the automobile and automobile supporting industry focused themselves. With scarcely 125 coworkers in the past financial year with clearly positive result a conversion of 16 millions EUR was obtained.
With this acquisition voestalpine Rotec extends the authority as a manufacturer of precision steel tubes and tubing parts for the automobile industry. By the technological know-how of the HTI GmbH in the deformation technique the voestalpine Rotec group within this range can offer its automobile customer a still broader manufacturing spectrum. The international network the voestalpine Rotec makes beyond that the global marketing possible of the HTI products.
Areas of Expertise:
Raw Materials, Tubes and Accessories
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