Oerlikon Textile sells ERMAFA Kunststofftechnik
Purchaser Donton Technologies wants to enlarge existing business
With ERMAFA, Oerlikon Barmag, business unit of Oerlikon Textile and world market leader in the sector of spinning lines for man-made fibres and texturing machines, with head office in Remscheid, has, inter alia, been well positioned in the component business for the plastic and rubber processing industry since 2005. Since more than 30 years, the Chemnitz company has been supplying extruders for a great number of process tasks and has been manufacturing entire blending lines and installation for rubber processing.
"In order to enhance our competitiveness, we are increasingly specialising in our core business along the textile value added chain. This core business comprises high-class total solutions in textile machinery engineering and in the production and the processing of natural and man-made fibres, yarns and non-woven fabrics", explains Dr. Carsten Voigtländer, CEO of Oerlikon Textile, the selling decision. Oerlikon Textile was the sole holder of ERMAFA Kunststofftechnik Chemnitz GmbH.
Donton Technologies GmbH, belonging to Donton Industrial Holding GmbH in Dortmund, is a financially strong purchaser. The company acquires industrial plants for mechanics, electronics, electrotechnology and materials technology in Germany with the objective to bring these companies to an enduring positive profit situation in the long run.
According to its own sources, Donton Technologies GmbH intends to enlarge the existing ERMAFA business activities at the Chemnitz location. This also includes the ongoing employment of the total of 40 employees. According to the current planning, the legal transfer of operations will be on 10 March 2008. At this date, DONTON Technologies GmbH will change its name to ERMAFA Technologies GmbH. The company will be based in Chemnitz.
DONTON Industrial Holding GmbH is part of DONTON International Investments Limited, Dublin, that is engaged in the global acquisition of majority shares of industrial plants for mechanics, electronics, electrotechnology and materials technology.
Oerlikon Textile GmbH & Co. KG
Oerlikon (SWX: OERL) is one of the world's most successful high-tech industrial groups, specializing in machinery and plant manufacture. The company is synonymous with leading industrial solutions and advanced technology and is active in the six segments textile machinery and plant manufacture, thin-film solar, thin film coating, drive, precision and vacuum technology.
Originally established in Switzerland and with a tradition stretching back 100 years, Oerlikon is now a global player employing more than 19,000 people at 170 locations in 35 countries and generated turnover of CHF 5.6 billion in 2007. It occupies the number one or number two slot in its respective markets and invested just under 5 % of its turnover in research and development (CHF 274 Mio.).