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Benchmark International Successfully Facilitated the Transaction Between Kegelmann Technik and Handtmann Group
February 16, 2024
Benchmark International is pleased to announce the acquisition of automotive supplier, Kegelmann Technik, by Handtmann Group.
Kegelmann Technik based in Rodgau, central Germany and close to Frankfurt, was founded in 1989 and is a specialist in manufacturing prototypes, series, and assemblies for clients in the automotive industry. With a workforce of 90 employees, the company is proficient in a broad range of innovative manufacturing techniques and has a profound expertise in hybrid components.
As a global player in innovative and sustainable technology, Handtmann is a leading manufacturer of machines and systems for various sectors including food, plastics, metal, and e-solutions. The company consists of six business divisions: Process Technology, Filling and Portioning Systems, Plastics Engineering, E-Solutions, Light Metal Castings, and Systems Engineering.
Continuing under the leadership of the Handtmann family into its fifth generation, Markus Handtmann and Valentin Ulrich represent the management board, and the group has grown to generate sales of EUR +1BN with a worldwide presence.
The strategic acquisition of Kegelmann Technik by Handtmann marks a significant milestone in becoming a global leader in innovative and sustainable engineering technology. The acquisition also complements Handtmann’s product portfolio in the area of prototypes, series, and assemblies.
Stephan Kegelmann commented on the transaction: “I founded Kegelmann Technik in 1989, developing it from a vision to a renowned specialist for additive manufacturing, and I am proud of what my employees and I have achieved over the last few decades. With the Handtmann acquisition, not only is my personal succession taken care of, but also my employees’ futures in the business are secured. I am happy to have had the Benchmark International team led by Felix von der Heyden on board, who guided all stakeholders through the process.”
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