NEWS & REPORTS Allmineral Aufbereitungstechnik GmbH & Co. KG
Signing the agreement from left to right: partner Heinz-Josef Klösters and Norbert Jakobs, participations Dr. Hans-Caspar Glinz
allmineral has a new partner Schmidt, Kranz Group acquires 75 Percent of allmineral GmbH New opportunities for growth and substantial synergies – Schmidt, Kranz Group Germany is a globally active mechanical engineering company based in Velbert in, whose recent acquisition of 75 Percent of the shares in allmineral GmbH will continue the growth of past years. »The Schmidt, Kranz Group’s involvement is a further expression of our consistent, internationally-oriented market strategy«, states allmineral’s Managing Director – Dr. Ing. Heribert Breuer about the new partnership, adding that »the international market for ore and coal processing, which is our core business, has grown considerably over the last years. Now that an established company with a strong global presence like Schmidt, Kranz group has joined us, we will be able to offer our clients even more qualified expertise and to enter into new markets.«
Signing the agreement Dr. Heribert Breuer, executive director allmineral GmbH & Co. KG
The Schmidt, Kranz Group has various subsidiaries around the world and manufactures and sells crushers, mining vehicles, tunnel boring machines and high pressure hydraulics as well as other products. The acquisition was made possible by the previous shareholders, Klösters und Ackermans, who transferred their shares to the Velbertbased company. Particularly in India the companies aim towards taking joint action in the near future. allmineral Asia wants to greatly expand its activities there with those of Hazemag India. Since 2009, allmineral Asia Pvt. Ltd is responsible
Issue 04 | 2011
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