Hertwich Engineering GmbH, a leading global supplier of technologies for aluminum foundries, is being acquired by the management team consisting of Gerold Keune (CEO), Jürgen Doblhofer (COO), Hubert Mayringer (Director Engineering), and Ludwig Manhartseder (Director Electrical & Automation) as part of a management buy-out. This will see 100% of the company transferred from SMS group to its new owners as of December 16, 2024.
“We are proud of our customers’ high satisfaction with Hertwich’s leading melting, casting and homogenizing plants and technology, which is currently reflected in our record order backlog. As an independent company, we plan to significantly increase our investments in capacity expansions and product innovations in the future, aimed at better supporting growth and technological progress in the aluminum industry. Going forward, we intend to continue working with SMS group on important projects to promote a carbon-neutral aluminum industry,” said Keune. “The decisive factor that made the management takeover of Hertwich Engineering possible in the first place is the many years of trusting relationships with our business partners, for which I would like to express my sincere thanks at this point.”
Hertwich Engineering is renowned for its future-oriented, energy saving technologies and outstanding service in aluminum casthouses. The company is active worldwide with design, supply, construction and commissioning of special machinery and equipment for the aluminum industry. Hertwich supplies complete aluminum casthouses on a turnkey basis. The product range comprises melting equipment for aluminum scrap, horizontal and vertical casting machines, continuous and batch homogenizing plants, sawing plants, and quality inspection equipment, etc. The company also has its own R&D department to further advance it’s technologies.
For 50 years, the advanced technology has revolutionized the industry and the company maintains its worldwide lead. Since 1993, Hertwich Engineering has been part of SMS group, a world leader in plants, equipment, and services for the metals industry. The company has locations in Braunau am Inn and Weng im Innkreis in Upper Austria, with around 200 employees. With the new management buyout, Hertwich Engineering is able to forge it’s own path for the future.