Acquisition of assets and know-how of HWJ AG

HWJ is a global leader in the design and manufacture of machines for decoiling, flattening, slitting and cutting sheet metal coils as well as servicing a pan European customer base with customised automation products.

Michael Mansour, Chairman of Rodstein said:

“HWJ is another step in our growth strategy. It is a great fit providing potential areas for growth in automation products. The acquisition is in line with our well known strategy of organic growth complimented by selective strategic acquisitions. I am particularly excited by the addition of the sheet metal coiling solutions being acquired, regarded the highest quality solutions in the world, we are looking forward to taking this product to the next level.”