iwis takes over the assets of HS Systemtechnik GmbH and HS Schmied GmbH

1. June 2017 | iwis

2017 iwis group expands with the acquisition of iwis systemtechnik GmbH in Germany

Within the strategy of the planned expansion, iwis Systemtechnik GmbH i.Gr., a subsidiary of Joh. Winklhofer Beteiligungs GmbH & Co. KG (iwis), Munich, takes over the assets of HS Systemtechnik GmbH and HS Schmied GmbH, both based in Kaufbeuren / Neugablonz.

The HS Schmied Group was founded in 1946. With considerable know-how and expertise in the field of sheet metal, punching, forming / bending technology - in particular covering and shielding technology (HF / EMV), sheet metal parts are manufactured for customers of many industries. Whether small or large-scale production, prototype production according to existing data as well as development and construction up to the serial production with tooling from own tool construction, high-quality products are offered to diverse customers in the field of Automotive -, IT -,  Transmission -, Medical -, Communication -, Electronics, Control, Aviation and Energy Technology.

iwis is thus expanding its competence in the field of electrical engineering and electrical drives for the global automotive industry.

The management of the newly founded iwis Systemtechnik GmbH will be taken over from June 1st, 2017 by Mr. Johannes Winklhofer. Silence has been agreed on the purchase price.

iwis is the world market leader for innovative and cost effective timing systems based on precision chains. Almost all automotive manufacturers worldwide are supplied with more than 60.000 systems every day via the Munich and Landsberg plants. In addition to the automotive industry, iwis also supplies the worldwide machine and system construction with precision roller chains. Applications are found in the printing and paper industry, in the packaging industry and conveyor technology as well as in general mechanical engineering and the agricultural machinery industry.

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