The Oelmaier company based in Ochsenhausen has recently joined the Handtmann Group of Companies. The previous owner Helmut Lehner and Thomas Handtmann, managing director of Albert Handtmann Holding GmbH & Co. KG, signed a corresponding purchase agreement on Wednesday, 19 December 2018.
The purchase contract means that Oelmaier Industrieelektronik GmbH & Co. KG became 100 percent owned by Handtmann. In addition, nothing will change for Oelmaier and its approximately 60 employees. "Oelmaier is a promising company. It will be continued in its present form by the existing management - independently and on its own responsibility. All jobs will be retained," emphasises Thomas Handtmann.
Strategic purchase decision
Handtmann had decided to purchase Oelmaier for strategic reasons. Handtmann's light metal casting and systems engineering divisions supply the automotive industry. Industrial electronics are becoming increasingly important for these customers because they are increasingly focusing on the field of electromobility. "We were already looking for a suitable partner when we became aware of Oelmaier. Oelmaier has comprehensive know-how in power electronics and has a good reputation in the industry," explains Thomas Handtmann. "With the purchase, we can expand our range of services to our customers. The greater the share of electromobility, the more important power electronics become for Handtmann."
First order in preparation
Planning is already underway for the start of the cooperation. Starting in spring 2019, Oelmaier will process a first order from the automotive industry for Handtmann. Specifically, it concerns the assembly of battery modules for electric vehicles. The order runs until 2022. Further comparable orders are to follow. In addition, Oelmaier will continue its production of control electronics and high-voltage devices.
Joy with Oelmaier
The employees and the management of Oelmaier Industrieelektronik were informed about the change of ownership at a works meeting in December. They have a positive view of the sale to Handtmann. "Handtmann is a respected company in the region and a guarantor of stability. As a family-owned company, the company thinks in the long-term and treats its employees responsibly. We are proud to be part of this successful group now," explains Wolfgang Oelmaier, Senior Engineer Electronics.
Author: Silke Balsys