KRAFTWERK TOOLS ACQUIRE JORDAN METEC

Jordan-Metec produces modular workshop furniture

Hand tool and workshop equipment supplier Kraftwerk Tools has acquired the production and sales divisions of Jordan Metec, a German manufacturer of steel workshop furniture and factory equipment. Terms of the deal have not been announced. 

READ: SABER AUTO SPARES ACQUIRED BY ALLIANCE

The commercial activities of Jordan Metec are being integrated into the newly founded Kraftwerk Industry GmbH & Co. KG and will continue to be controlled from its current location with the company’s 40 employees and its CEO, Reiner Büsching, being brought on board. 

READ: SPARTAN ACQUIRED BY TETROSYL

CEO Kraftwerk Group – Alexander Pieper stated “This is the first acquisition since the Kraftwerk Group takeover in 2016 and is an important strategic step for us. Expanding our activity to include local production in Germany will accelerate our worldwide growth” .

Published by GregWhitaker

Editor of CAT Magazine and an experienced motoring journalist

ECP BOSS: INDEPENDENTS MUST ‘CLOSE GAPS’ IN DIGITISATION

Independents need ‘to keep up with the rest of the automotive sector’ to compete, says Andy Hamilton

Read More

MIDWEST REBRANDS UNDER ARNOLD CLARK BANNER

Factor chain, including Monmore Auto Parts, under group corporate identity

Read More

CMA: UNIVERSAL COMPONENTS MUST SELL CV FACTOR BUSINESS

Competition and Markets Authority rules that Universal Components must sell 3G Truck and Trailer Parts

Read More

IGA PRODUCES NEW CORONAVIRUS GARAGE GUIDE

Guidance for garages produced in electronic booklet

Read More

RISING MATERIAL PRICES ‘HERE FOR THE LONG TERM’ WARNS PRODUCER

Increase in prices of finished parts ‘unavoidable’ as platinum group metal prices soar

Read More

Go to comments

Your email address will not be published. Required fields are marked *