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Product category: Mould, Die and Tool Making Subcontracting Services
News Release from: Arrk PDG
Edited by the Manufacturingtalk Editorial Team on 16 May 2005

Automotive tooling business acquired

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ARRK Product Development Group has continued to invest significantly in its Tooling service capabilities in Europe following the purchase of ATS BV.

ARRK Product Development Group has continued to invest significantly in its Tooling service capabilities in Europe following the purchase of ATS BV and the German companies belonging to the group from the Archand Capital Investments S.a.r.l The acquisition is subject to approval by German Cartel authorities

ATS, through its long established Zimmermann company, is one of the leading manufacturers of large Automotive Tooling in Germany with locations in Gladenbach and Niederweidbach.

The company brings significant in house moulding trials and low volume production capabilities to ARRK within Europe.

The companies will trade under the ARRK Zimmermann name in future.

This name change will take place over the next 6 months.

The ARRK Zimmermann businesses will have consolidated sales of circa Euros 35 million in the first 12 months.

The workforce and facilities at Gladenbach and Niederweidbach, Germany will continue, with the current management, led by Daniel Kerper with Stefan Kreck together with the existing team of managers, including Dirk Schulz, Finance.

All jobs and the excellent and experienced workforce at both sites will continue.

In all, German employee numbers will be around 200.

A new board will be set up to include Peter Rawson, Kazumi Araki and Abhilash Katkoria of ARRK.

Managing Director for ARRK in Europe, Peter Rawson explains, "This is an excellent acquisition by ARRK in the area of large automotive tooling and trialling capability and further advances our aim to be the best world wide partner for customers in this area of the business.

To be able to bring a strong and vastly experienced company like Zimmermann within ARRK adds yet more experience and tooling capability to our portfolio in Europe.

Combining these strong foundations, with the added financial and technical strength of the ARRK group it allows us to develop and maximise the opportunities available to other ARRK businesses operating worldwide in this area (Japan, Korea, Thailand, India, China, Canada, Mexico, France, Poland, UK and Germany).

ARRK have a uniquely worldwide capability to support customers where ever they work! As a key member of this team, ARRK Zimmermann can now go from strength to strength.

We were also very impressed with customer's strong historical support for Zimmermann and thank customers for this and look forward to providing an even better business and level of customer service in the future.

As a significant addition to ARRK's businesses in Europe, we very much look forward to working with all our new colleagues in Germany.".

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