Product category:
Manufacturing dealerships, agencies and acquisitions
News Release from: Mahr Federal
Edited by the Manufacturingtalk Editorial
Team on 19 April 2006
Mahr Group acquires German Helios
business
Managing directors of both companies have signed an agreement for the acquisition of Helios Messtechnik by the Mahr Group - forming Mahr Helios, which includes SIP and Helios products.
With the acquisition of Helios, the Mahr Group enhances its existing product range in horizontal length measurement with the brands SIP and Helios, as well as in the field of optical and tactile shaft measurement with the brands Helio-Pan and Helio-Scope Top management of Mahr expects further synergies and a positive impact for the new corporation, Mahr Helios Messtechnik, in strengthened sales performance and extended research and development
This article was originally published on Manufacturingtalk on 23 Sep 2005 at 8.00am (UK)
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Helios Messtechnik has a workforce of 75 employees and expects a turnover of about EUR 10 million.
The operating company is located in Doerzbach, in the north of Wuerttemberg, Germany, and offers expertise and many years of experience in the fields of optical (non-contact) and tactile (contact) shaft measurement, as well as in precision gages.
The Mahr Group will soon begin with the integration of these businesses into its worldwide activities.
For the Mahr Group, with about 1500 employees worldwide, the acquisition of Helios provides a further opportunity to extend its product range among new and existing customers in the field of shaft measurement.
Thus the Helios Messtechnik acquisition ideally complements Mahr in Esslingen (precision gages) and the Mahr in Goettingen (precision length metrology and form and position tolerance testing).
Messers Thomas Keidel and Stephan Gais will act as managing directors of the newly formed company.
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