Ziemann Holvrieka acquires majority stake in Künzel Maschinenbau
Gaining strength | Ziemann Holvrieka has expanded its capabilities for providing complete brewery solutions with the acquisition of Künzel Maschinenbau in Mainleus, Germany. Künzel is a leading manufacturer particularly known for its expertise in malt handling and grist mills, which are crucial components for breweries. Künzel has been a major player in the raw material handling sector since 1922.
Künzel's specialization in the upstream phase of brewing process aligns with Ziemann Holvrieka’s existing product portfolio. It enables them to enhance their range of products and turnkey solutions. Furthermore, they will harness Künzel's expertise within their group of companies, including Ziemann Holvrieka, to explore new opportunities for Künzel in other sectors.
The site in Mainleus will continue to operate as it always has, with the same management team, with the same dedication to all its customers and with their committed employees. Künzel will retain its company name, brands, and organizational culture.
“We firmly believe that our group will gain from Künzel's remarkable expertise. While Künzel will benefit from our global presence and research and development capabilities. We are eagerly anticipating a successful and close collaboration with the management team and all employees,” affirmed Klaus Gehrig, CEO of Ziemann Holvrieka GmbH.
“The priority of all our activities was, is and will be unconditional customer satisfaction. Künzel has always distinguished itself through excellent customer service and long-standing customer relationships, and this value will remain anchored in our corporate culture in the future.
This acquisition and the associated close collaboration with Ziemann gives us the possibility to combine our strengths and create synergies that allow us to expand into new markets as well as developing our product and service portfolio – for the benefit of all our current and future customers,” states Clemens Thüsing, Managing Director of Künzel Maschinenbau GmbH.
Keywords
Germany acquisitions company news
Source
BRAUWELT International 2023
Companies
- Ziemann Holvrieka GmbH, Ludwigsburg, Germany