MICHELSTADT, Germany--(BUSINESS WIRE)--Just one year after the successful handover of the reins to the fourth generation at Karl-H. Mühlhäuser GmbH & Co. KG, the German-based market leader in tunnelling logistics announces the first acquisition in the company's 100-year history.
New strategy and first acquisition in the company's history
"We have been working intensely on a long-term growth strategy and are proud that we can report already several initial successes" explains Managing Partner Hubertus Mühlhäuser. "Next to being a full-range logistics supplier for tunnelling construction and mines for both tracked and trackless transportation solutions, we see further growth potential in tunnel lining" says Mühlhäuser. "This is why, over the last few months, we have been holding discussions with Obermann Systems; they are the market leader in injection and grouting technology for tunnels and special foundation construction and this is a product range that fits well with Mühlhäuser´s logistics offering."
"These discussions have been highly constructive and fruitful and, as a result, Karl-H. Mühlhäuser is taking over 100% of the Obermann share capital, as well as all employees and will be transferring business operations to Michelstadt, Germany over the course of 2015" explains Markus Rechner, CEO of Mühlhäuser.
"For me, it is the fulfilment of my dearest wish" says Klaus Obermann (72) "A life's work which my wife and I have accomplished over a period of 37 years, is now being entrusted into safe hands and will have a secure future with Mühlhäuser". I will be assisting the company in an advisory capacity over the next few years and, in particular, I will be working on innovations and new products.
About Karl-Heinz Mühlhäuser GmbH & Co. KG
Mühlhäuser is a market leader in tunnelling and mining logistics equipment. The company's product portfolio ranges from tracked and trackless logistics solutions for haulage, supply and service through to shotcrete machines and special custom-built machines. The company has 120 employees at its sites in Michelstadt and Brensbach, Germany and has a global network of cooperation partners. Mühlhäuser was founded in 1907 by the Mühlhäuser brothers and, since 2013, is owned by the fourth generation.
About Obermann Systems GmbH
Obermann is a market leader in the field of injection technology and measurement engineering for tunnel construction and special foundations. The company's product portfolio ranges from mixing plants, grouting units, high-pressure jet grouting and flushing pumps and measurement systems through to drilling rigs, consultancy and service. The company was founded by Klaus Obermann in 1977.
