The integration of copperING into the Gehring Group will allow customers to receive a wide range of innovative production technologies for their various drive concepts from a single source. In addition to the system and automation competence of Gehring, the product range of copperING forms an ideal basis for supplying lines for e-motor production.
Says Dr Sebastian Schöning, CEO of the Gehring Group: “The merger with copperING enables us to optimally complement our product portfolio and to respond to the evolving needs of our customers - another step into the sustainable future of the company. We are very much looking forward to our common path.”
Adds Richard Rasp, managing director of copperING Group: “The merger will strengthen our market position and give us the opportunity to roll out our technologies worldwide. This is a big step for us into a common future.”
Through the merger, Gehring’s original shareholder, PENTA, and new minority shareholder, Ceterum, enable the strategic expansion of the e-mobility business unit and support the management in the further development and growth of the group.
