THIELMANN acquires CONTek IBC-Service GmbH
- Date: 20th November 2018
- Company: THIELMANN WEW - Fuel
THIELMANN is pleased to announce the acquisition of CONTek IBC-Service GmbH. CONTek’s knowledge in services for intermediate bulk containers (IBCs) aligns with THIELMANN’s growth strategy as the world’s leading one-stop shop for the container industry.
Based in Ellrich, Germany, CONTek is a world leader in cleaning, maintenance and inspection of containers especially for the chemical and automotive coatings industry. CONTek’s automated cleaning facility is optimized to clean containers with a capacity from 250 to 1,200 liters.
CONTek is very successful in the high-end cleaning sector and THIELMANN is planning to build on their strength in the future and to further grow the business on-site in Ellrich.
Fredi Endtricht, CONTek ́s co-founder will continue to lead the company as Managing Director, with special focus on the expansion of the facilities and production capabilities. Wolfgang Kuhn, CONTek’s co-founder, has reached the retirement age and has left the company from an operational level on September 30th. He will continue to support THIELMANN as an advisor.
“THIELMANN is growing. Our strong organic growth is supported by selected acquisitions, especially of specific competencies. CONTek is perceived as an undisputed leader in cleaning of IBCs.” said Bernd Loeser, CEO of THIELMANN. “With its integration, THIELMANN will complement its current service portfolio in different container sectors and CONTek will benefit from access to a broad global customer base and THIELMANN’s world-leading expertise in the container industry.”
“With THIELMANN, we found the best owner for our life’s work. As initially planned CONTek can grow and expand its capacity” Mr. Kuhn commented on the acquisition. Mr. Endtricht added: “I am happy to see CONTek joining THIELMANN. This will lift our company to the next level and supports our wish to expand the business. THIELMANN is the leader in stainless steel containers and CONTek is the leader in container cleaning. I am sure, that both parties will profit significantly.”
It is planned to rename CONTek into THIELMANN CONTEK within the next weeks to fully integrate CONTek into THIELMANN.