Schuler Acquires AWEBA

Schuler AG, the market leader in forming equipment has procured the die construction specialist AWEBA and thus will greatly expand its activities in this business field. Based in Aue, Germany, the AWEBA Group is one of the world’s leading full-service provider of dies and fixtures.

Schuler acquires the leading construction specialist AWEBA based in Aue, Germany


Traditional company with high degree of engineering expertise

Aweba was founded in 1882 as "Bernhard Hiltmann special factory for cutting and punching tool". The company today supplies international customers in the automotive and electrical industries, as well as machine and plant manufacturers. The product portfolio includes forming, cutting, hydroforming, and die-casting dies, as well as fixtures and a comprehensive range of services. In fiscal year 2015, the AWEBA Group generated sales revenue of around € 60 million.

The AWEBA Group is one of the world's leading full-service providers of dies


The AWEBA Group employs around 600 people, including almost 200 highly skilled engineers and toolmakers. The company owns 40 valuable patents in the field of die manufacturing.

Anti-trust approval still pending

The transaction is still subject to the approval of the relevant anti-trust authorities. AWEBA Werkzeugbau GmbH was previously held by private and institutional investors. The parties have agreed not to disclose any details about the purchase agreement.

Acquisition is part of Schuler growth strategy

Schuler CEO Stefan Klebert commented : "We are delighted to add a successfully managed company like AWEBA to our Group. With its high level of expertise in research and development and excellent engineering know-how, the company is a perfect fit for Schuler. The acquisition is part of our growth strategy. AWEBA complements our product portfolio in forming technology in line with market requirements and will expand and strengthen our existing activities in die construction."

AWEBA CEO Udo Binder stated : "Becoming a member of the Schuler Group opens up tremendous opportunities for the further expansion of AWEBA. Schuler's global market standing will enable us to quickly grow our international presence and enhance our profile as a global system supplier. This gives AWEBA growth opportunities which would not have been achievable without Schuler."

The AWEBA takeover is Schuler's second major acquisition in the last 12 months.

Disclaimer : The information is provided by the companies and are responsible for its authenticity

extenze male enhancement instructions rhino 5 male enhancement pills best male enhancment pill at stores eber endura natural male enhancement reviews black male enhancement pills review what does rhino 69 pills do to you vitamins for sexual drive number one male enhancement pills can veganism help you lose weight diet fuel pills by twin labs weight loss pills while on keto protein powder to lose weight and build muscle cortisol to lose weight diet pills do diet pills work pros and cons of appetite suppressants can flo gummies help with weight loss how to lose weight 10kg in 1 month keto acv gummies real reviews can you take apple cider vinegar gummies with phentermine plenty the diet pill diet pills and brain reward center does mass health cover wegovy smoking cbd flower benefits cbd holland and barrett anxiety pure cbd gummies research can cbd gummies hurt a child are royal cbd gummies safe difference between cbd and hemp products healthy living prime cbd gummies cbd pills to sleep uno hemp gummies boost thc gummies what cbd products are there can i use cbd with nsaids to treat hip pain heartland cbd gummies can cbd or thc help with sleep problems how many cbd gummies should i take to relax is it legal to buy thc gummies in florida future elevation thc gummies hemp gummies madison usana
Login to webmail  

© IMTMA 2024. All rights reserved