Hertwich Engineering GmbH, a leading global supplier of technologies for aluminium foundries, is being acquired by the management team consisting of Gerold Keune (CEO), Jürgen Doblhofer (COO), Hubert Mayringer (Director Engineering), and Ludwig Manhartseder (Director Electrical & Automation) as part of a management buy-out. This will see 100 per cent of the company transferred from the SMS group to its new owners. The transaction was formally completed on December 16, 2024.
Image Source: Hertwich Engineering
“We are proud of our customers’ high satisfaction with Hertwich’s leading melting, casting and homogenising plants and technology, which is currently reflected in our record order backlog. As an independent company, we plan to significantly increase our investments in capacity expansions and product innovations in the future, aimed at better-supporting growth and technological progress in the aluminium industry. Going forward, we intend to continue working with SMS group on important projects to promote a carbon-neutral aluminium industry,” says Gerold Keune. “The decisive factor that made the management takeover of Hertwich Engineering possible in the first place is the many years of trusting relationships with our business partners, for which I would like to express my sincere thanks at this point.”
Since 1993, Hertwich Engineering has been part of SMS group, a world leader in plants, equipment, and services for the metals industry. Hertwich has around 200 employees. The company has locations in Braunau am Inn and Weng im Innkreis in Upper Austria.
About Hertwich Engineering
Hertwich Engineering is renowned for its future-oriented, energy-saving technologies and outstanding service in aluminium casthouses. The company is active worldwide in designing, supplying, constructing, and commissioning special machinery and equipment for the aluminium industry. Hertwich is competent in providing complete Al-casthouse on a turnkey basis (one-stop-shopping). The product range comprises melting equipment for aluminium scrap, horizontal and vertical casting machines, continuous and batch homogenising plants, sawing plants, quality inspection equipment, etc. To stay ahead, Hertwich relies on its own R&D and proprietary know-how. For 50 years, advanced technology has revolutionised the industry, and the company maintains its worldwide lead.
Note: This press release, issued by Hertwich Engineering, is published as received without edits from AL Circle.
Responses
