The adventure continues – Touratech gets new owner
Touratech AG gets a new owner from January 1, 2018
Touratech AG is taken over by Happich GmbH, based in Wuppertal, Germany. Happich is a part of Pelzer Swiss Holding AG and a leading manufacturer of interior and accessories for commercial and special vehicles. Happich continues the former Touratech business model and retains both production and employees in Niedereschach, Germany.
“The acquisition is a very good solution for Touratech.” – says a satisfied Dr. Pehl, who managed the company and the search for investors since the insolvency application came in August.
“We have found an ideal partner. The Touratech employees, who have done an excellent job in recent weeks, can see the future with confidence. I would also like to thank the customers for their incredible loyalty. “ – Dr. Pehl continues.
Touratech’s new logistics center, Germany
Several companies showed interest in taking over Touratech AG during the fall, and the former management team, together with the insolvency administration, has made every effort to choose the most suitable investor to run Touratech with the same passion as before.
“Touratech perfectly complements our previous product portfolio. I’m looking forward to the new task. “ – Says Happich CEO Marc Pelzer.
The shop in Lidköping, Sweden
Unfortunately, as several of our Nordic customers have experienced, Touratech AG has not been able to meet the growing demand of the market during the past two years and has been struggling with long delivery times. During 2016 major changes and investments were made in, among other things, a brand new production and logistics facility. Due to delays with the start-up of the new facility, Touratech AG was hit by insolvency at the end of summer 2017.
Although Touratech AG has been insolvent since the end of the summer, production and deliveries from the new plant have continued as planned when the German state has been running the company during this time.
“For us at Touratech Nordic, it feels good that a new owners of Touratech AG was chosen before the New Year. Production and deliveries have worked better than in several years thanks to the new production facility. Now our old and, in some cases new, colleagues in Germany can now continue to optimize product range, production, warehouse and logistics, and we are really looking forward to this! “– says David Johansson, CEO Touratech Nordic