Press release January 4, 2018
Metall Zug Group consummates acquisition of majority stake in adaptronic Prüftechnik GmbH
Zug, January 4, 2018 - Schleuniger Holding AG, a member of the Metall Zug Group, has successfully completed the acquisition of 60% of adaptronic Prüftechnik GmbH, based in Wertheim, Germany.
By acquiring adaptronic as of January 4, 2018, Schleuniger is adding customized solutions for testing cable harnesses, connectors and assemblies for the aviation, astronautics, railway, technology, automotive, automation technology and industrial sectors to its existing range.
As announced in the press release of November 13, 2017, relating to the acquisition of adaptronic, the remaining 40% will continue to be held manly by adaptronic's founder and current principal owner, Peter Müller, and to a lesser extent by the current minority shareholder Stefan Friedrich.
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