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Solidarity for more growth - Hugo Lahme purchases shares in AngelEye

08-26-2013 05:42 PM CET | Industry, Real Estate & Construction

Press release from: Hugo Lahme GmbH

f.l.t.r: Riccardo Casadei, Andrea Marcato and Hans-Joachim Wittwer behind notary U. Russo

f.l.t.r: Riccardo Casadei, Andrea Marcato and Hans-Joachim Wittwer behind notary U. Russo

Ennepetal/Bolzano, 04.07.2013 - Effective as at 28.05.2013, Hugo Lahme GmbH from Ennepetal has taken over a third of the shares in the company AngelEye in Bolzano. AngelEye is a leading company in the underwater CCTV sector worldwide. In connection with intelligent software it is possible to capture persons who lie motionless at the bottom of the pool. Hugo Lahme's Managing Director Hans-Joachim Wittwer was appointed Managing Director of the company together with Riccardo Casadei and Andrea Marcato. The objective is to jointly promote the development of the underwater spotlight camera system with integrated alarm system, which is already registered for patent and design patent. This product combines the Premium LED Technology of Hugo Lahme and the camera technology and software of AngelEye to a completely new product solution, the distribution of which shall be handled by Hugo Lahme in Germany and Austria. By combining spotlights, underwater camera and intelligent software, Hugo Lahme and AngelEye are pioneers in the pool industry and thus solidify their role as innovation leaders in the industry. "We envisage great perspectives in the interlinking with Hugo Lahme, which provides us with the scope to continue to grow while simultaneously being able to revert to the extensive technical know-how of our colleagues in Ennepetal" so a happy Riccardo Casadei. Thus, this step unites two companies with the same commitment and heading in the same direction of uncompromising quality, and it is foreseeable that this partnership shall become a fountain for many fascinating products. "For us, it is a step into the future and thus the right direction. We are supplementing our portfolio with products which perfectly fit our range and which are produced with the same care and love for detail. I am looking forward to a common future with AngelEye and particularly Riccardo Casadei and Andrea Marcato at my side" confirms Hans-Joachim Wittwer. Both companies have been working together since 2011 and had negotiated distribution cooperation at the interbad. This merger places the cooperation onto a lasting foundation and relies on the concerted development of both companies.

For over 60 years, the name Hugo Lahme GmbH has been synonymous with excellent standards and first-class quality in the fields of swimming pool engineering and metal casting. The staff of the Ennepetal-based company have a strong sense of tradition and are today still just as dedicated to creating ideal solutions for indoor and outdoor swimming pools and water attractions as well as premium-quality innovative casting solutions as those pioneers of the early days.

Not only was Hugo Lahme GmbH at the forefront of development throughout the evolution of swimming pool engineering, it was also among its actively creative designers. With products in their various segments, the brands FitStar®, VitaLight®, AllFit® and SpringFit® are a guarantee of foremost quality in bronze, gun metal and stainless steel.
In the field of metal casting, Hugo Lahme not only manufactures all its own casting components for swimming pool engineering in excellent quality, it also produces premium castings for customers in other industries. Apart from the foundry in Ennepetal, Hugo Lahme also owns GMG Grau- und Metallguss GmbH, based in Gera, which specialises in particularly large castings.

Hugo Lahme has successfully utilised the extensive knowledge of materials and production technologies acquired and enhanced over the years to establish quality standards. The company’s numerous patents, utility models, TÜV and other compliance certificates are ample evidence of this. The continuous innovation and development work done at Hugo Lahme has led to optimal solutions with maximum customer benefit and thus to outstanding quality, long service life and value stability. All Hugo Lahme products are still required to meet this same exacting standard today in the fields of swimming pool engineering and metal casting, just as it was then – perfection in every element.

Hugo Lahme GmbH
Kahlenbecker Str. 2
D-58256 Ennepetal
Germany
Arne Baganz
Head of PR & Marketing
Tel.: +49 (0)2333 9696-0
Fax: +49 (0)2333 9696-46
Mail: arne.baganz@lahme.de
www.lahme.de

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