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Reinhausen Group acquires leading reactor technology company
2017-11-16
The Reinhausen Group has acquired 100% of the shares of Hans von Mangoldt GmbH&Co KG, a company globally recognized as the market leader for reactor technology.
The company has approximately 120 employees and develops and manufactures iron-core and air-core chokes for reactive power compensation and drive technology, among other applications, at sites in Germany in Aachen and Großrudestedt (near Erfurt) as well as in India and Taiwan.
Dr. Christian Kaehler, Managing Director of Hans von Mangoldt GmbH & Co KG, stated, "As a globally successful supplier of inductance devices with high technical requirements, we are pleased with this opportunity to continue our long tradition in the regulation of power transformers under the umbrella of the global leader."
Michael Rohde, Managing Director of Maschinenfabrik Reinhausen GmbH, stated, "The strong Hans von Mangoldt brand is facilitating the Reinhausen Group's first direct involvement in the market of inductive components, which are becoming increasingly more important in electrotechnical applications."
The management team remains unchanged, in the trusted hands of Dr. Kaehler, and the experts at Hans von Mangoldt will continue to support the customer base. The company remains a separate business.
Source: MR