UNTHA shredding technology GmbH, premium manufacturer of industrial shredding solutions, has acquired the electrical engineering division of SW Automatisierung GmbH and renamed it UNTHA e-technology GmbH.
The move comes as UNTHA had been purchasing control engineering services and components for its shredders from SW Automatisierung GmbH for over 40 years.
This will enable the organisation to fulfil the growing demand for individual shredding solutions and safefuard industry experience in the long run, according to the firm.
“With the foundation of UNTHA e-technology GmbH, we have merged two businesses that have really been part of the same thing for decades," said Andrea Gratzer, CFO of UNTHA shredding technology and Managing Director of UNTHA e-technology.
"By integrating the electrical engineering division of SW Automatisierung GmbH into UNTHA shredding technology GmbH, we have become even more independent, which will help us expand our leading position in environmental technology further.”
“I am glad that part of SW now belongs to the UNTHA Group as UNTHA e-technology," added Felix Grünwald, managing director of UNTHA e-technology.
"Thanks to this connection, we will be able to cooperate even more closely in Research and development and thus boost our innovative power.”
UNTHA acquires prominent engineering supplier to “safeguard industry experience”
(l-to-r) Felix Grünwald, MD UNTHA e-technology, Andrea Gratzer, CFO UNTHA shredding technology and MD UNTHA e-technology, and Alois Kitzberger, CEO UNTHA shredding technology, at the UNTHA e-technology headquarters in Golling C UNTHA shredding technology GmbH)
(l-to-r) Felix Grünwald, MD UNTHA e-technology, Andrea Gratzer, CFO UNTHA shredding technology and MD UNTHA e-technology, and Alois Kitzberger, CEO UNTHA shredding technology, at the UNTHA e-technology headquarters in Golling C UNTHA shredding technology GmbH)
