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Press release
IPH Group announces its entry into Swiss market
with MONTALPINA AG
Kriens, 7th January 2016
MONTALPINA AG has joined the IPH Group and is from now on responsible for the Swiss market inside the European IPH network.
MONTALPINA AG is a leading technical distributor with three points of sale in Switzerland. The company offers a wide range of products with bearings, power transmission and sealings to the point of special tools and measuring equipment. Furthermore MONTALPINA supports its customers with a specialized engineering department, technical services and innovative maintenance concepts.
With sales of more than € 1 billion in 2015, IPH is one of the largest technical distributor groups in Europe. Over the past 10 years, IPH has actively driven consolidation of the industry by adding a number of powerful European players and entering some of the most significant countries in Europe. Today, IPH Group is present in Europe with many strong brands, notably ZITEC and KISTENPFENNIG in Germany, OREXAD in France, MINETTI in Italy and BIESHEUVEL TECHNIEK in the Netherlands and ROBOD in POLAND. Acquiring MONTALPINA will now also expand the presence of IPH to Switzerland and its important market.
The new Swiss national organisation with MONTALPINA will cooperate and work very closely with the company ZITEC Gruppe from Germany within the European IPH services and sales network. ZITEC Gruppe GmbH, leader in technical distribution in Germany, is reputed for its comprehensive service programme employing 1,100 staff members at 41 branches. Customers from industry and technical engineering are offered a full product range including bearing, linear, power transmission and fluid technology as well as other machine parts. In 2015, ZITEC generated a total revenue of €250 million.
With this collaboration MONTALPINA will further improve its competitive position and prepare in the best possible way for all future challenges. The technical trade company will be managed by its present owner Urs A. Stalder, who will also guide the integration process. All branches of MONTALPINA will be carried on with the existing staff.
"To strengthen the Europe-wide network of IPH is one major objective of our longtime company strategy", say Walter Nemetz, Chief Strategy and Development Officer. "With MONTALPINA we are able to extend our activities to Switzerland and establish a central link between Germany, France and Italy. International key accounts now have access to an increasingly powerfull distribution network profiting by the geographical presence of MONTALPINA".
"Together with IPH and ZITEC we will be able to literally move greater things", says Urs A. Stalder, Chief Executive Officer of MONTALPINA. "Looking back on 25 years as owner of MONTALPINA it's now the perfect opportunity to take the next big step in our company history. With IPH we found the ideal partner for a successful future. Our customers and suppliers will benefit from an extended product, brand and service programme, highly efficient supply and value added services."
"ZITEC supports the acquisition in every possible way as we are certain that in combination with MONTALPINA we will be able to create a strong partnership with numerous upsides for both customer clienteles." adds Dr. Otto Max Schaefer, Chief Executive Officer of ZITEC Gruppe and Director in charge of the German market and Eastern European countries for IPH. "We see a lot of potential by exchanging knowledge in the value-added services segment with already high-performance and on product level in power transmission. From now on MONTALPINA will also have access to our wide product range. For this reasons MONTALPINA and ZITEC will both fully benefit in operational business from each other."
About MONTALPINA
MONTALPINA AG, founded in 1927, is a technical distribution company in Switzerland with headquarters in Kriens near Luzern, a branch in Yverdon-les-Bains and a sales office in Bern. MONTALPINA supplies industry and commerce with bearings, sealings and power transmission. Over 50,000 articles are available from stock. Whenever something spins or moves, everywhere were force is transferred, MONTALPINA always offers fast and reliable solutions.
With its own engineering department MONTALPINA increases efficiency of plants and production lines. Including services like monitoring of machines, damage analysis or training of technical staff.
Working with MONTALPINA always brings the highest level of benefits. Counting on MONTALPINA your plants and machines will become more reliable. Reliability gives more safety and reduces cost of idleness. MONTALPINA stands by the following basic principles: quality products of leading suppliers, a wide range of products on the spot, individual and competent support and a fair partnership. Those objectives are the guidelines of the company strategy - also for the future!
About IPH
The IPH group is known under different names: Orexad in France, D'Hont in Belgium, Zitec and Kistenpfennig in Germany, Biesheuvel Techniek in the Netherlands, Minetti in Italy, Novotech in Romania and Robod in Poland. IPH has a turnover of around EUR 1.130 billion generated across 200 branches employing around 4,000 staff.
While the group belongs to one of the largest distribution organisations in Europe in terms of industrial supplies, IPH (or its subsidiaries) is No. 1 in France, No. 1 in Germany in the area of power transmission , No. 1 in Italy for power transmission and No. 2 in the Netherlands.
IPH also has 100,000 active customers and 15,000 suppliers. IPH operates in six product segments: Power Transmission, Machining, Assembly, Tooling, Personal Protection and Workshop Equipment. The "Power Transmission" segment represents 40% of sales.
www.group-iph.com:
http://www.group-iph.com
About ZITEC Gruppe
ZITEC Gruppe GmbH is an innovative distributor of technical parts reputed for its comprehensive service programme in engineering, materials management, purchasing, logistics and maintenance.
ZITEC provides top-quality products ranging from bearings, linear motion, power transmission, pneumatics, hydraulics to mechanical components for MRO and OEM. Over 230,000 items from 6,000 suppliers, which total a value of over 55 million Euros, are available from stock at any time. Prompt delivery, technical and commercial services complete the portfolio. Future-oriented concepts, a wide service range as well as the courage to adjust new solutions make ZITEC a truly innovative service company. ZITEC operates 41 branches in Germany, is a member of Industrial Parts Holding (IPH) and in charge of the German market. Over 1,000 staff members, most of them technicians, move 1,500,000 order lines per year and provide professional and bespoke service to 13,000 customers from industry, mechanical engineering companies and distributors of technical parts.
Contacts :
| For IPH: Nicole Roffé EZRA Communication nroffe@ezracom.eu: mailto:nroffe@ezracom.eu Tel : + 33 6 60 06 16 45 | For Zitec and Montalpina: Daniel Eiler Groupe IPH daniel.eiler@zitec-gruppe.com : mailto:daniel.eiler@zitec-gruppe.com Tel : +49 9931 960 230 |
http://hugin.info/167489/R/1977573/724038.pdf
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: IPH via Globenewswire
