Official Launch: VESCON, Schiller and Quadriga Capital announce closing.

Today the VESCON Group and the Schiller Group have officially closed on the merger into a unified holding Company led by the new majority shareholder Quadriga Capital. The antitrust authorities have approved the merger, which has been entered in the commercial register.

From now on it is official: The VESCON Group (Headquartered in Frankenthal) and the Schiller Group (Headquartered in Osterhofen) are moving towards a promising future with Quadriga Capital Consulting (Headquartered in Frankfurt). The antitrust authorities have agreed to bundle both Corporations into a joint holding under the leadership of the majority Shareholder Quadriga Capital. The holdings appointed management team includes Michael Goepfarth (CEO) and Peter Bürger (CFO).

With the entry into the commercial register, the integration process has now begun. Both companies, VESCON and Schiller, will remain operationally autonomous. Strategic leadership and cultural governance will take place through joint projects and the through the holding. During the upcoming weeks the first steps will be taken in order to implement the future strategy.

“We are very pleased that we can fully concentrate on the common future of both companies from now on”, says VESCON Manager Peter Bürger. “In the upcoming weeks and months, we will already be making the first joint decisions to strengthen future development.”

The closing is also the official starting shot towards a promising future for Michael Goepfarth, who joined the Management team next to Peter Bürger and Dietmar Haubenhofer von December 1st, 2018:“VESCON and Schiller complement each other optimally. Together with Quadriga Capital, we will now begin to leverage the extensive potential this merger poses across all business areas.”

With Schiller and Quadriga towards a leading Platform.

As of December 1st, 2018, VESCON and Schiller have announced the bundling of competencies and skills in a  joint holding company, with Quadriga Capital as the majority shareholder. Schiller Automatisierungstechnik GmbH and Schiller Engineering & Maschinenbau GmbH, with more than 200 Employees, are successful in the fields of Automation, Intralogistics and Clean Rooms. Spanning over 5 locations, including a site in Shenyang, China, the company develops systems, machines and solutions that aim to set new standards. One of the most important innovations is the autonomous tugger train, which has great potential as a breakthrough in logistical solutions of the future.

“With Schiller and Quadriga by our sides, we will build a leading platform of medium-sized companies for Industrial Automation Solutions and for other Plant Construction and Engineering Services”, summarizes Dietmar Haubenhofer, VESCON’s CEO. “We are confident that we will be able to announce further milestones throughout this year.”

Profile: The new Group.

With the unification of Schiller Automatisierungstechnik, Schiller Engineering & Maschinenbau and the VESCON Group, the new conglomerate now has more than 700 employees at 16 locations in four European countries and in the People’s Republic of China. Among its customers, who we support in the fields of Automation, Intralogistics, Process, Special Machinery, Energy and Software, are medium-sized companies as well as international corporations. One important focal point is on the area of Automation for automotive customers, which not only include automotive manufacturers but also their suppliers. The turnover of the entire conglomerate is estimated to amount more than 100 million Euros.