The acquisition of the flat rolled products division of Aurubis positions the Wieland Group as a global partner for its customers
Partners signed binding term sheet
Acquisition will require approval of anti-trust authorities
Global business growth driven by digitalization, connectivity and mobility trends
Wieland and Aurubis signed a binding term sheet with the objective to integrate the global business unit Flat Rolled Products from Aurubis into to the Wieland Group. Following the completion of the sale and purchase agreement in the next few weeks, the proposed transaction will require clearance from several antitrust authorities.
From 2016 onwards, in our plant in Vöhringen was busy building. The premises for the production and administration of WICOATEC GmbH were built on an area of more than 3,000 square metres. This is a subsidiary of Wieland, where everything revolves around the coating of surfaces - with a particularly environmentally friendly process.
Since 2017 there has been life in the rooms. The employees have moved into the building and the hall is being prepared for production. Production in Vöhringen will start in 2018.
We wish the 17 employees of WICOATEC GmbH every success in their exciting tasks!
Many thanks to the residents and neighbours for their patience with WICOATEC/Wieland during the construction phase!
We will soon be reporting more about the coatings, what they can do and where they are used.
For the Wicoatec coating technology, the Wieland Group receives EUR 350,000 from the Federal Environment Ministry (BMUB) for the implementation of an innovative coating concept under the Environmental Innovation Program.
The newly interpreted process, which is based on a CVD (chemical vapor deposition) process, reduces the amount of process chemicals required and significantly reduces energy consumption.
The Wieland Group also regards this project funding as recognition of its long-standing efforts to invest in innovative technologies and increase energy efficiency.
The BMUB has published a separate press release on this funding project. Further information about Wicoatec can be found at wieland. com/coatings.
Jan 22, 2018
"LEW Innovation Award" for Intelligent Energy Solutions
"Heat concept for the future" of Wieland-Werke AG wins award
The LEW (Lech Werke AG - Electricity Company) Innovation Award Intelligent Energy, which is endowed with a total of 45,000 euros, honours ideas and measures that set an example for forward-looking projects in climate protection and the efficient use of energy. In selecting the best projects, a high-ranking jury assessed the degree of innovation, the contribution to climate protection and energy efficiency, the economic viability and the transferability of the projects.