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Dürr acquires another gluing technology specialist

Published on 2010-06-02. Author : SpecialChem

Bietigheim-Bissingen -- The Dürr Group is continuing to expand its gluing technology activities. Dürr is acquiring the Wolfsburg/Germany-based Helmut Rickert GmbH and its subsidiary I.N.T. Rickert GmbH. Among other things, Rickert develops and supplies gluing systems especially for the body in white process. In January, Dürr had acquired Klaus Kleinmichel GmbH, a specialist in gluing technology for automobile final assembly, complementing its own in-house competences. Through the acquisitions, Dürr now offers solutions for all gluing applications in the automobile industry.

Rickert is a leading supplier of products for gluing body shell components in Germany. The company, which has roughly 30 employees, also offers application and supply systems for sealing welded seams with PVC. Its customers are mostly German automobile manufacturers. The Rickert Group, which was founded in 1992, has average annual sales of € 12 million. In the crisis year 2009, Rickert achieved sales of € 7 million and a positive operative result. The acquisition price is in the single digit million euros.

Dürr will market the Rickert and Kleinmichel technologies worldwide through its extensive international sales network. So far both companies have been heavily focused on Germany. The gluing technology activities are part of Dürr's Application Technology business unit, which also includes the painting and sealing robot business.

In the body in white process, gluing is ideal for joining sheet metal sections, and especially for joining different materials. Experts predict that it will gain strongly in importance. Gluing technology not only reduces unit costs compared to spot welding but also offers advantages in sealing and damping. In addition, it enables the rising safety, rigidity and comfort requirements in automobile manufacture to be better accommodated. It also avoids crevice and contact corrosion when different materials are in contact with each other.

Ralf Dieter, Dürr AG's CEO, commented: "Rickert is the fourth smallish acquisition in the last 13 months. It is part of our strategy to expand in growth areas through selective technology acquisitions. This is aimed at achieving stronger growth over the longer term than before the market slump in 2009." In addition to the acquisitions in gluing technology, Dürr also recently acquired the Swiss company UCM AG and the French company Datatechnic S.A. UCM supplies precision cleaning equipment for sectors such as medical engineering and precision optics. Datatechnic specializes in balancing systems for turbocharger production.

Dr. Hans Schumacher, CEO of Dürr Systems GmbH commented: "Dürr wants to achieve market leadership also in gluing technology; the Rickert acquisition is another important step in that direction. As with the Kleinmichel acquisition, the Wolfsburg location will be retained as we value the know-how of the Rickert workforce."

Dürr is a mechanical and plant engineering group that holds leading positions in the world market in its areas of operation. It generates a good 80% of its sales in business with the automotive industry. It furthermore supplies the aircraft, machinery, chemical, and pharmaceutical industries with innovative production and environmental technology. The Dürr Group operates in the market with two divisions. The Paint and Assembly Systems division supplies production and painting technology, especially for car bodies. Machinery and systems from the Measuring and Process Systems division are used in engine and transmission manufacturing and in final vehicle assembly, among other areas. Dürr has 48 business locations in 21 countries worldwide. The Group achieved sales of € 1.1 billion with approximately 5,700 employees in 2009.

Source: Dürr


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