Schaltbau GmbH acquires Machine Electrics in UK(PresseBox) (München, )
Machine Electrics' business activities comprise the manufacture, sale and repair of electro-mechanical components for industrial applications. Machine Electrics has already acted as UK distributor for Schaltbau GmbH in the industrial trucks sector in the past. The new subsidiary is to be instrumental in driving future sales and market development activities for electro-mechanical components both in the UK and on international markets. This move will give Schaltbau a leading market position in the field of contactors for industrial trucks and emergency power systems.
Machine Electrics employs a total workforce of 46 people at the two sites of Bredbury (Sales, Finance and Customer Service) and Cwmbran, Wales (Production, Logistics) and achieved sales of approximately €5.9 million in the fiscal year 2007.
As a 100% subsidiary of Schaltbau GmbH, Machine Electrics will now be known as Schaltbau Machine Electrics.