Harald Quandt Industriebeteiligungen
Rausch and minCam join forces – Formation of a worldwide leading group for CCTV inspection systems
Rausch and minCam join forces – Formation of a worldwide leading group for CCTV inspection systems
– Rausch and minCam intensify longstanding cooperation – Combination creates a world leading growth platform for the full range of CCTV inspection systems – Rausch and minCam remain independent companies, working together operationally and strategically from now on – New state-of-the-art facility to be built in Allgäu for further growth Weissensberg near Lindau / Fischen in Allgäu, Germany, 20 December 2019. Rausch GmbH & Co. KG (“Rausch”) and minCam GmbH (“minCam”) will follow a joint path from now on. minCam, the specialist for push rod camera systems, acquired by Harald Quandt Industriebeteiligungen GmbH (“HQIB”) in May 2018, and Rausch, the specialist for vehicle and mobile CCTV inspection systems, will harness synergies to further improve their combined market position in the globally growing CCTV market. Rausch and minCam will remain independent companies with co-existing brands. The respective management teams remain unchanged. The companies will from now on work together strategically and operationally as a corporate group. The group is headquartered in Weissensberg near Lindau and will be run by Stefan Rausch and Hans Kjärsgård. HQIB will leverage the international Harald Quandt network to support the group’s further development. With 180 employees, the group ranks among the top-5 players in the global market. Aim of the strategic alliance is to strengthen the international leadership position and broaden the product portfolio of the group in order to continue the strong growth path of the past. The companies complement each other with regards to their technological expertise and product range. Together, Rausch and minCam cover the entire catalogue of CCTV inspection systems from house pipes to municipal main lines. In 2020, minCam will relocate its production site from Fischen to Immenstadt under the management of Thomas Viell. The purpose-built facility will facilitate the planned future growth of the group. minCam will hence remain at its strategic location in Allgäu. “Our partnership with minCam and HQIB represents the next major step in confirming our position as one of the world market leaders in CCTV inspection systems. minCam has been a trusted partner of ours for many years and we are looking forward to the strategic cooperation. As a joint group and with the support of HQIB, we see ourselves well positioned to continue our successful growth story”, says Stefan Rausch, Managing Director/CEO of Rausch. “The combination of Rausch and minCam creates an international growth platform for CCTV inspection systems which stands for quality ‘Made in Germany’. Rausch and minCam ideally complement each other through their respective product portfolios”, says Gregor Harald May, Managing Partner of HQIB. “We will support the strategic cooperation between Rausch and minCam through the experience, resources and the international network of the Harald Quandt family.” The parties have agreed not to disclose any details about the transaction. About Rausch About minCam About Harald Quandt Industriebeteiligungen
End of Media Release Issuer: Harald Quandt Industriebeteiligungen Key word(s): Enterprise
20.12.2019 Dissemination of a Press Release, transmitted by DGAP – a service of EQS Group AG. |