Sweden’s Dellner Group with its subsidiary Dellner Brakes has signed an agreement to acquire German industrial braking manufacturer Pintsch Bubenzer in a deal that will pave the way for the companies’ rapid global expansion.
This acquisition is being carried out in partnership with investment company Active Ownership Capital and comes just four months after Dellner Brakes acquired U.S. brake and clutch company Gummi USA. It is a significant step in the Swedish company’s focused ambition to become the world’s leading supplier of brakes and related power transmission products.
Pintsch Bubenzer is a globally leading manufacturer of brakes for harbor container cranes and has around 300 employees. Dellner Brakes and Pintsch Bubenzer will continue to operate both brands from their existing global locations. Furthermore, the enlarged group plans to open several new offices around the world over the next 12 months.
Dellner Brakes CEO Marcus Aberg said: “This acquisition is a strategic decision and marks the start of a new era for our organization. It will facilitate major global expansion for both companies and will also enable us to build the Dellner Brakes and Pintsch Bubenzer brands in the industrial market sector."
Both companies operate globally offering braking products for a range of applications including materials and container handling, industrial automation, ports and shipping, mining, wind energy, oil and gas. Dellner Brakes offers its ‘stopping, turning, locking’ (STL) system including a world first, patent pending all electric version. Notable products from Pintsch Bubenzer include its new, patented BUEL electro hydraulic thruster.
Pintsch Bubenzer CEO Markus Topp said: “We are delighted to become part of such an ambitious, well-respected company as Dellner. Together we will continue to develop our companies to the benefit of our customers, our suppliers and our employees. This partnership provides a strong and stable platform from which to realize our full growth potential."