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Voswinkel becomes part of the Stauff Group

01-28-2016 09:00 AM CET | Industry, Real Estate & Construction

Press release from: Walter Stauffenberg GmbH & Co. KG

Knut Menshen (Stauff Group) with Claudia Voswinkel-Schöpp (Voswinkel)

Knut Menshen (Stauff Group) with Claudia Voswinkel-Schöpp (Voswinkel)

(Meinerzhagen / Werdohl, Germany) As mutually announced by both companies, the Stauff Group has successfully completed the acquisition of the Meinerzhagen, Germany based company Voswinkel from the Voswinkel shareholder family in April this year already.

With corporate headquarters in Werdohl, Germany and two additional plants in Plettenberg-Ohle and Neuenrade-Küntrop, the Stauff Group develops, manufactures and distributes pipework equipment and hydraulic components for mechanical and plant construction as well as for industrial service and preventive maintenance. The company is supported by wholly-owned manufacturing, sales and service facilities in currently 18 countries worldwide and a tight network of authorised distributors and representatives in all major industrial regions of the world. Voswinkel is considered to be one of the world's five largest producers of quick release couplings for hydraulic systems. The traditional German company, founded in Kierspe-Rönsahl in 1928, also develops and produces a comprehensive range of hydraulic hose fittings – particularly for high-pressure applications – as well as custom-designed piping from its two sites in Meinerzhagen. Voswinkel equipment is primarily used for construction and agricultural machinery as well as for commercial vehicles.

Pooling both companies' business activities and merging the product ranges creates the opportunity of offering distributors, original equipment manufacturers and other customers in Germany and abroad an increasingly complete package of pipework components for fluid power applications from a single source, thereby strengthening both companies' positions in the market in the long term. Without this cooperation with Stauff, Voswinkel would have had to press ahead with its own internationalisation in the medium term with costly expansion, but now has immediate access to Stauff's global network for the distribution of its own products and solutions. This network includes subsidiaries in Europe, North and South America, Australia as well as in core growth markets, such as Russia, China and South-East Asia. Both companies are already cooperating very successfully in some of these markets.

Voswinkel will remain an independent company within the strong Stauff Group and will retain its character as a medium-sized company led by Mrs Claudia Voswinkel- Schöpp, Chairwoman of the Executive Management Board, Mr Heinz-Werner Störmer and Mr Georg Weiland. Independence in this context also means that Voswinkel will continue to operate under its corporate name, which has been a well-known and established brand name in the industry for many decades, and is regarded as being synonymous with quality and innovation. A location guarantee has also been given to retain the two Meinerzhagen "Neugrünenthal" and "Auf der Koppel" sites of Voswinkel.

About STAUFF

Walter Stauffenberg GmbH & Co. KG was founded in the 1950s in Werdohl, in the German province of North Rhine-Westphalia, and was initially a contract turning shop. Today the company operates under the trade name STAUFF, developing, producing and marketing fluid technology components for use in plant construction and mechanical engineering. In the fields of tube, pipe and hose clamps, measuring technology and hydraulic filtration, STAUFF is one of the world’s leading organisations in a growing industrial segment.

Meanwhile, more than 1100 employees (12/2014) in 18 companies generate an annual turnover of more than EUR 200 million (2014) worldwide. Additional subsidiaries have recently been opened in Malaysia, Vietnam and Thailand. Besides the group headquarters located in Werdohl-Ehrenfeld, the company has production and logistics facilities in the German cities of Plettenberg-Ohle and Neuenrade-Küntrop.

Press Contact
Walter Stauffenberg GmbH & Co. KG
Boris Mette
Im Ehrenfeld 4
58791 Werdohl
Germany
Phone: +49 (0) 2392 / 916-154
Telefax: +49 (0) 2392 / 916-270154
eMail: b.mette@stauff.com

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