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SCHURTER HOLDING AG absorbs Otto Heil GmbH in Oberursel, Germany

The SCHURTER HOLDING AG has absorbed the well-known company Otto Heil AG, Oberursel.

Otto Heil GmbH develops, produces and distributes connector appliances and power cords. The Organization engages in the facility in Oberursel approximately 40 employees. The consolidated turnover in the year 2005 is approximately 4.5 Mio.

This investment extends the product range of SCHURTER within the strategic business unit Connectors and offers the opportunity to improve the current market position.

The take-over of this company enables a significant synergy and is an important growth and success potential.

www.schurter-heil.de

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