Page 33 - ITAtube Journal 2 2022
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Press releases
ASMAG-Anlagenplanung und Sondermaschinenbau GmbH
ASMAG continuous growth course: acquisition of a German traditional company strengthens position in the industry
The Austrian specialist in mechanical engineering, ASMAG, aquires the German company REIKA, thus pushing forward with its expansion course.
The family-owned company ASMAG, located in Scharnstein, Upper Austria, is taking over the German REIKA. The acqui- sition represents a significant step in ASMAG’s expansion strategy and opens up exciting possibilities for the future. By inte- grating REIKA’s products into the existing portfolio of the ASMAG Group, a broader range can now be offered to shared cus- tomers. This contributes to consolidating the market position and aligns perfectly with the “everything from a single source” strategy.
Johann Vielhaber, founder and owner of the ASMAG Group, is pleased with the success of this takeover: “The acquisition
of REIKA is a significant achievement for ASMAG. We value the know-how that the company brings with its over 100 years of existence and are convinced that this will further strengthen our position as a leading company in the industry.”
Over 100 years of existence
REIKA was founded in 1906 as “Maschi- nenfabrik Reinery”. From the beginning, machines and technologies for tube pro- cessing were developed for ever faster, more precise, and efficient production pro- cesses. Today, REIKA is among the leading manufacturers of turnkey tube processing systems.
The ASMAG Group
The ASMAG Group, headquartered in the Almtal valley, is an innovative corporate
ITAtube Journal December 2023
group primarily engaged in mechanical and plant engineering for the metal industry. With locations in Austria, Germany, Italy, and the USA, the internationally active ASMAG Group is among the industry’s leading providers.
f.l.t.r.: Wolfgang Hoffmann, Hans-Jörg Braun, Johann Vielhaber, Andreas Grund, Frank Stolp- mann, Johannes Sieberer-Kefer
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ASMAG - Anlagenplanung und Sondermaschinenbau GmbH
Liesenwaldstrasse 3A 4644 Scharnstein Austria
Tel: +43761688010 Fax: +4376168801 44
sales@asmag.at www.asmag.at