Reinhausen Group acquires Hans von Mangoldt GmbH&Co KG
The Reinhausen Group, headquartered in Regensburg, Germany, has acquired 100% of the shares of Hans von Mangoldt GmbH&Co KG. The company has approximately 120 employees and develops and manufactures iron-core and air-core chokes for reactive power compensation and drive technology, among other applications, at sites in Germany in Aachen and Großrudestedt (near Erfurt) as well as in India and Taiwan.
Dr. Christian Kaehler, Managing Director of Hans von Mangoldt GmbH & Co KG, stated, "As a globally successful supplier of inductance devices with high technical requirements, we are pleased at this opportunity to continue our long tradition in the regulation of power transformers under the umbrella of the global leader. The global presence of the Reinhausen Group brings significantly greater market access and, as a result, additional opportunities to our business. We share the culture of a family business with the Reinhausen Group."
The management team remains unchanged, in the trusted hands of Dr. Kaehler. The experts at Hans von Mangoldt GmbH & Co KG will continue to support the customer base. The company remains a separate business.
Michael Rohde, Managing Director of Maschinenfabrik Reinhausen GmbH, stated, "The strong Hans von Mangoldt brand is facilitating the Reinhausen Group's first direct involvement in the market of inductive components, which are becoming increasing more important in electrotechnical applications. We have been using the chokes manufactured by Mangoldt as high-quality and reliable components in our application-focused solutions business for many years."