CERTINA Group Subsidiary AFT Group Acquires Wegener + Stapel
AFT, a CERTINA Group Company, acquires Wegener + Stapel GmbH, a leading producer of conveyor and material handling technology for the automotive industry.
- CERTINA Group further pursues buy-and-build strategy
- Strategic add-on acquisition for AFT Group
- Strong synergies potential
- Leading supplier of light conveyor and material handling technology
- Long-lasting relationships to major OEMS, Tier 1 suppliers and blue-chip companies
AFT-Group has successfully completed the acquisition of the business operations of Wegener + Stapel GmbH out of insolvency proceedings. W + S will trade in the future under the name of Wegener + Stapel GmbH & Co. KG.
Founded in 1967 W+S executes large-scale conveyor and material handling solutions for OEMs, Tier 1 suppliers and blue-chip companies on an international basis. W+S is a leader in the forward-looking 24V technology, especially for light conveyor technology. The company is widely recognized for its ability to offer customized solutions, state-of-the-art technology and excellent project management and execution.
W+S offers great synergy potential to AFT-Group based on its complementary product range and the geographical proximity to major OEMs. Particularly W+S’s outstanding strength in light conveyor technology (24V) positions AFT-Group well for future market developments also with respect to e-mobility.
W+S will act stand-alone company within the AFT-Group.