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HÖR Technologie GmbH has sold all shares in its subsidiary Pichler & Strobl GmbH, an Austrian turning and milling specialist in the high-tech segment, to a consortium of investors comprising Invest AG, BayBG Bayerische Beteiligungsgesellschaft, Wohlfart Beteiligungs GmbH and CR Management und Investment GmbH. The shareholders’ goal is to further develop the company with strategic acquisitions, a further expansion of its long-standing customer relationships and a progressive diversification in the high-end technology sector. The current management team consisting of Dietmar Wohlfart, Franz Pichler and Markus Schröger will remain in charge.

Pichler & Strobl GmbH, based in Anthering near Salzburg, was founded more than 20 years ago and manufactures complex CNC precision parts and assemblies for leading companies in the semiconductor industry, partly under clean room conditions. Other customers include innovative companies in the fields of motorsports, aerospace, medical technology and alternative energies. The company employs approximately 120 people and specializes in the production of prototypes and small series with batch sizes of up to 1,000 pieces.

Founded in 1979, HÖR Technologie GmbH develops and manufactures complete gearboxes and complex individual parts such as camshafts, eccentric shafts and gearing components. At the three locations in Weiden in der Oberpfalz, Mitterteich and Neustadt an der Weinstraße, the internationally active group produces prototypes as well as small and medium series. In addition, HÖR Technologie GmbH has been active in the field of e-mobility with its innovative development projects for e-axles for more than ten years. Customers primarily come from the motorsports, motorcycle and automotive sector.

The management team emphasizes the importance of the realization of the Company´s further expansion: “Our short- to medium-term goal is to significantly expand capacities in order to meet the steadily growing demand in Europe. The next growth steps have already been specified with the new owners and will be implemented promptly upon completion of the transaction.”

The IMAP team consisting of Marco Strogusch, Philipp Noack and Florian Müller exclusively advised the shareholders of Pichler & Strobl GmbH throughout all phases of a structured M&A process.

The transaction is subject to the approval by the antitrust authorities in Austria and Germany.