TPT January 2008

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Industry News
January 2008
Wafios AG, Germany, has achieved
the takeover of long-established
bending machine manufacturer Mewag
Maschinenfabrik AG, Switzerland.
It is believed that the merging of these
two technically leading manufacturers of
tube and profile bending machines will
strengthen the quality and innovative
leadership of both companies. The
production of special high-quality machines
will be continued at both plants.
A few years ago, Wafios AG, also a leading
manufacturer of wire processing machines,
took over the tube and profile bending
capabilities of Pulzer Biegetechnik, which
then had been a corporation of Trumpf,
Germany. Wafios has since been able
to continuously expand its range of tube
forming machines.
Once completed, the Wafios takeover of
Mewag will create a comprehensive and
innovative centre of competence, based
on 50 years of tube and profile bending
experience.
This move will ensure worldwide
recognition of both companies. The long
established production sites in Reutlingen,
Germany, and Wasen, Switzerland, will be
maintained and expanded in accordance
with the growth of the tube-bending sector. The main beneficiaries of the
complementary, innovative and extended
product and customer service range will be
the customers of both companies.
Together, Wafios and Mewag will streamline
future common sales activities and blend
tube-bending capabilities in development,
purchasing and production.
Wafios will directly benefit from the
cooperation with Mewag, as it will result in a
considerable growth in sales, especially of
large-diameter tube benders.
The merging of the two companies
constitutes a lasting solution to Mewag’s
successor question. The previous majority
shareholder of Mewag will have a seat on
the administrative board where she will be
able to continue to protect the long-term
interests of Mewag.
Wafios and Mewag are looking forward
to this German-Swiss cooperation and
are convinced that added value will be
generated for customers, partners and
employees of both companies.
Wafios – Germany
Fax: +49 7121 49 12 09
Email:
Website:
Mewag AG – Switzerland
Fax: +41 34 437 75 76
Email:
Website:
Together, Wafios and
Mewag will streamline
future common sales
and blend tube
bending capabilities
in development,
purchasing and
production
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› Mr Urs Kühni, CEO of Mewag AG, is looking
forward to working closely with the Wafios board
Wafios confirms takeover of Mewag
fi (Below) The Wafios board of directors: Dr Gerhard Bartz, Mr Thomas Hösle, and Mr Egon Reich, and (bottom)
the headquarters of Wafios