WIRE
1/2011 May

Wolfgang Gerhard (right), Executive Partner, and Roman Quirin, Director Operations, in front of the new headquarters in Rehlingen–Siersburg in the German Federal State of Saarland
Photos: H&K

Pendulum cutting machine with 1,000-mm-diameter disc in operation at a European steelmaker.
Management buy-out guarantees continuity
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Rehlingen/Germany (H&K) –The management team of FLSmidth Wadgassen Walzwerktechnik has acquired the business area “Rolling Mill Technology” of the Danish company FLSmidth within the framework of a management buy-out and established “H&K Industrieanlagen GmbH” with new headquarters in Rehlingen, Germany. By taking advantage of their employees’ longstanding professional experience, the managers of the business area “Rolling Mill Technology” of FLSmidth grabbed the chance to establish a company of their own. They plan to put the business of the new company on a broad international footing. The management team around the Executive Partners Wolfgang Gerhard and Gerhart Hölzl took over the complete staff of 43 employees of the business area “Rolling Mill Technology”. According to Wolfgang Gerhard, this has distinct advantages for his customers: “With this well-established team of engineers and technicians, we safeguard a wealth of expertise accumulated over many decades. The transition we have gone through during the last few weeks since we established the new company has been extremely smooth. For our customers and suppliers this means that we will execute all our orders as agreed in terms of both deadlines and scope. As a matter of course, service for all existing plants is guaranteed.” H&K Industrieanlagen GmbH (H&K) will focus on the design, automation and construction of rolling mill technology, specifically for rolling, machining and conveying steel long products (predominantly standard and special sections and steel bars). The company’s strengths are the provision of customized, individual solutions and the promptness and flexibility of a medium-sized enterprise. Gerhart Hölzl pursues the goal of international expansion: “There is worldwide demand for engineering and quality made in Germany. We see great potential not only in Europe but above all in Russia, China and India. Shortly after setting up the company, we received a major order from China for a straightening and sawing line worth several million Euros.” As the new company took over all customer orders of the former business area “Rolling Mill Technology”, it started out with an order book worth more than 50 million Euros. During the short period since its foundation, H&K has been able to book new orders, with a total value of more than 12 million Euros. H&K goes for growth: the company has already created eleven new jobs in plant engineering, electrics, automation and in administration, bringing the total number of employees at H&K to 54. Additional positions in the fields of mechanical engineering, hydraulics and pneumatics, electrical engineering and automation are to be filled shortly. In January, the company moved into its new and bigger headquarters in Rehlingen–Siersburg near Dillingen.
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