Escha and Duotec take over production in Hungary
Escha and Duotec take over production capacities in Central Europe. To this end, the companies will jointly acquire 49 percent of the shares in SVI Hungary Kft., in Ajka (West Hungary) from the SVI Group.
In the next two years, Duotec and Escha will also take over the remaining 51 percent. Together, production is to be increased and further investments made. The first projects are already underway, as SVI Hungary Kft., with its approximately 120 highly qualified employees, has a lot of experience, especially in the assembly of electronic components. Customers can now take advantage of additional benefits: diversified and short supply chains with the highest quality. In addition, the entire process is handled by the usual contact persons.
Company
ESCHA GmbH & Co. KGElberfelder Str. 32
58553 Halver
Germany
most read
Portwell acquires majority stake in Wincomm
The aim is to strengthen edge AI solutions
Hoerbiger takes over Physik Instrumente
With 1,900 employees, PI will form the new Positioning Division at Hoerbiger as an independent unit.
Spherea acquires Averna
The Spherea Group has signed an agreement to fully acquire the Canadian company Averna.
Global robot density: Western Europe leads ahead of North America and Asia
In the EU-27, the robot density is 231, which is above the global average of 132.
Ziehl-Abegg achieves sales of over one billion euros
This corresponds to growth of over 12% compared to the previous year. The global workforce increased from 5,300 to 5,800 employees.