Home » Insights » GEMOTEG GmbH & Co. KG is now part of the ERIKS Group
Since its foundation in 2003, GEMOTEG has successfully established itself in the market and has achieved a leading position for drive technology through excellent service, delivery capability and quality with an outstanding cost-benefit ratio. The focus is on intelligent, application-specific combination of electrical drive components to to create assemblies and comprehensive systems customized to meet specific needs.
“GEMOTEG is characterised by special competences in the sale and assembly of geared motors, electric motors, frequency inverters and controls (drive components) – for series and standard products, but also for individual drive solutions. “GEMOTEG offers high technical expertise, application know-how, first-class service and quality – combined with the shortest delivery times for high customer requirements,” says Ulf Loesenbeck, Managing Director of the Eriks Deutschland Group. “That is why GEMOTEG complements us perfectly and makes us even better in the area of services. With our presence throughout Germany, we have an even larger and more diverse service portfolio available to our customers for individual solutions in electrical drive technology than before.”
ERIKS is part of SHV Holdings N.V., a global family-owned company headquartered in Utrecht, the Netherlands, and is a specialised industrial service provider for products and services in the areas of maintenance and original equipment.
ERIKS has extensive expertise in sealing and polymer technology, industrial seals, industrial valves and control technology, industrial and hydraulic hoses, power transmission technology as well as occupational health and safety and plant maintenance. The worldwide annual turnover of the ERIKS Group is approx. 1.3 billion euros. In Germany, the ERIKS Group employs about 650 people at 17 locations. “With Eriks, we have found an efficient company that enables us to further develop our strengths,” says GEMOTEG founder Stefan Eggenweiler. “It is a round thing that GEMOTEG, as a medium-sized family business, is now part of a global company in family hands. Eriks creates the basis to move the company’s plans forward. In the many discussions it became clear that Eriks understands Gemoteg’s philosophy, wants to maintain what has been tried and tested and wants to promote potential. Therefore, Eriks is the right partner for a successful future of the company.”
Steinbeis M&A, lead represented by industry experts Steffen Tutschka and Martin G. Schmitt, advised the sellers and fully supported the transaction.
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