Expansion in the wire and strip spring sectors through acquisitions
With majority interests in the German companies KURT MEDER GMBH in Villingen-Schwenningen (2002), BOHNERT GMBH in Hardt (2004) with THÜRINGER PRÄZISIONSFEDERNFABRIK GMBH in Ruhla, and with the acquisition of SCHWEIZER GMBH & CO. KG in Reutlingen (2005), MOLLIFICIO 3M S.P.A. in Bottanuco, Italy (2005) and TMG S.A. in Barcelona, Spain (2008), the company grows through the expansion of wire spring manufacturing. With the acquisition of GEBRÜDER SCHMIDT GMBH in Wuppertal. Germany (2004), the product range is also expanded in the strip spring sector.
Expansion in the needle and sinker, stamped part and stamped-bent part sectors
The acquisition of the German companies SAXONIA INTERNATIONAL BV with SAXONIA UMFORMTECHNIK GMBH in Göppingen (2004) and their subsidiary PAUL LEISTNER GMBH in Schwabach (2004), the acquisition of HAASE & KÜHN S.A. in Switzerland(2005) with the manufacturing plants SÄCHSISCHE NADEL- UND PLATINENFABRIKEN GMBH in Chemnitz, the acquisition of HAASE & KÜHN PORTUGUESA AGULHAS TEXTEIS LDA in Porto, Portugal (2005), HAASE & KÜHN in Bucharest, Romania (2005), and the acquisition of PROMETALL WERKZEUGBAU GMBH in Rieden in the Allgäu region of Bavaria (2005) each represent further important milestones for the ongoing expansion of the sinker, stamped part and stamped-bent part sectors.
Expansion through further acquisitions
With the acquisition of a majority interest in the company BRUKER SPALECK in Schramberg (2005) with the industrial premises at Bocholt, the company breaks into the specialty wire sector.
With the acquisition of CARL HAAS GMBH in Schramberg (2006), production capacity expands to include the manufacture of plastic composite parts, medical guidewires and spiral springs for timepieces.