Komptech joins Hirtenberger Group

Austria-based industrial equipment company Hirtenberger Group has acquired an 80 percent stake in the equipment company Komptech GmbH, also based in Austria. Hirtenberger is involved in the automotive, medical technology, defense technology and mining industries. The deal for Komptech is Hirtenberger’s first acquisition in the environmental sector.

“Adding sustainable, environment-saving technologies was an important goal in expanding our business portfolio,” says Stefan Odenthal, Hirtenberger’s CEO. “The acquisition of Komptech supports our sustainable growth strategy.”

Heinz Leitner, Komptech’s CEO, says, “Hirtenberger’s involvement substantially strengthens our equity capital base, so that we are well prepared for the future.”

Leitner continues, “In the last several years we have made large investments in the development of new products and the expansion of our production locations. Now we have to further roll out our innovative solutions to the world market. We’re convinced that we will benefit from numerous synergies.”

“With Komptech, we can significantly strengthen our entire group in the coming years,” adds Odenthal.

Komptech GmbH manufactures machines for mechanical and biological waste treatment as well as for processing wood waste for use as a renewable energy resource. The company has facilities in Austria, Slovenia and Germany.