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
Agile Robots takes over Thyssenkrupp Automation Engineering
This acquisition is intended to strengthen Agile Robots' market position in the field of smart automation solutions
Qioptiq Photonics becomes Excelitas Germany
The renaming is part of the global consolidation of the Excelitas Group.
Otto wins IERA Award 2025
Rockwell's robot is an AMR solution that can transport heavy loads in factories and operate in robot fleets of over 100 units.
HMS Networks takes over Industrial Communications division from Molex
This strategic acquisition includes intellectual property in hardware and software, a product portfolio with network cards and software stacks, as well as customer relationships in the USA and Japan.
Successful conclusion of the IVSM Fall Meeting 2025 in Haikou, China
The 2025 Autumn International Vision Standards Meeting (IVSM) took place from November 3 to 7 in Haikou, Hainan, and attracted over 120 R&D engineers worldwide.