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Takeover via Share Deal

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Published by by Sonja Weiler

POLYRACK acquires the company Metalle in Form Geräteteile GmbH

The POLYRACK TECH-GROUP, an internationally operating family-owned company and supplier of high quality system solutions, took over the company Metalle in Form GmbH (Karlsruhe) on 12. September 2019 by a Share Deal.

Metalle in Form employs approx. 30 people and offers a range of services including the support of engineering tasks, sheet metal processing, unit assembly as well as contract manufacturing of individual parts and items made to drawing, modules and functional units for sophisticated equipment.

“The portfolio of Metalle in Form is a perfect fit for the POLYRACK Group. We can increase our capacity on short term with the transfer of their know-how and CNC operations, reduce the reaction times and realise projects even faster”, explains Andreas Rapp, CEO and owner of the POLYRACK TECH-GROUP.

„All positions are maintained at the location in Karlsruhe. We will stay a reliable partner for all employees and particularly the customers of Metalle in Form in the future – exactly the way customers and employees of POLYRACK already know it”, adds Horst Rapp, CEO, owner and founder of the POLYRACK TECH-GROUP.

The present organisation of Metalle in Form Geräteteile GmbH will remain and it will be listed as a subsidiary of POLYRACK Electronic-Aufbausysteme GmbH under the existing name. The group of companies include the RAPP Kunststofftechnik GmbH, RAPP Oberflächenbearbeitung GmbH as well as the subsidiaries in Belgium, China, Switzerland and the United States of America.

Andreas Rapp, CEO and owner of the POLYRACK TECH-GROUP as well as Uwe Günthner, CTO of POLYRACK TECH-GROUP will constitute the General Management of Metalle in Form.

A decisive factor of the aquisition was the geographical proximity of Metalle in Form located in Karlsruhe and the production site in Ettlingen of the Polyrack Group (close by to Karlsruhe). In Ettlingen POLYRACK is also expanding the production floor with approx. 1,500 m2 in space. The aim is to centralize and expand the mechanical production and to homogenize the processes in order to maintain a high technological level for our customers in the future.

About POLYRACK TECH-GROUP

POLYRACK Logo

The POLYRACK TECH-GROUP develops and manufactures high quality standard cases and customer-specific enclosure solutions. Thanks to a broad range of technologies in the mechanical manufacturing, systems engineering / electronics, plastics and surface finishing, POLYRACK offers electronic packaging for every need. The service offering extends from consulting in the conception phase, development, manufacturing and assembly right through to logistic solutions and sourcing services.

The company group comprises the POLYRACK Electronic-Aufbausysteme GmbH (Electronic Packaging and Systems Technology), RAPP Kunststofftechnik GmbH (Plastics Technology), RAPP Oberflächenbearbeitung GmbH (Surface Treatment) and subsidiaries in Switzerland, Belgium, America and China. The owner-managed company has 380 employees worldwide and achieved a turnover of 56,7 million euros in the group in fiscal year 2016.

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