Everson, Washington (PRWEB)
May 19, 2017
Wöhler Technik GmbH is pleased to announce the acquisition of Retrotec Inc, effective May 1, 2017. Managing Directors Ben Walker and Darren Kennedy will continue to run the operations. A new company titled, “Wohler Retrotec, Inc.” will be formed.
The German enterprise Wöhler was founded in 1932 and since then has earned an international reputation as a manufacturer of high quality measurement instruments for the Building and HVAC industries. The product lines of both companies include Blower Door Systems and leakage testers, which will perfectly complement each other. “Especially the professional customers of Wöhler and Retrotec will benefit from the collaboration of these two experts who join their know-how and experience” comments Johannes Lötfering, managing director of Wöhler Technik GmbH. Air tightness and enclosure integrity will play an even more significant role in the future because of the increasing demands on energy efficiency. For this reason, the requirements regarding the measurement technology will increase respectively.
The deal is a win-win for both parties, because it will help both companies gain unique competitive advantages in their core markets. Wohler Retrotec, Inc. will fortify the technological lead of the brands Retrotec and Wöhler and both brands will continue to exist independently. Thus, the companies’ good relationship to customers and suppliers will remain the same. Retrotec managers, Ben Walker and Darren Kennedy, will run the operations and thereby guaranty continuity for the staff. Wohler Retrotec, Inc. will continue to benefit from the know-how and expertise of the founder and previous owner of Retrotec, Inc. for 37 years, Colin Genge, who will continue as advisor to the company.