NEWS

(10/27/2014 / sha)

GAW Group: Expanding business portfolio

With the acquisition of AutomationX GmbH, GAW Group welcomes an established provider of solutions for process automation in the group of companies and is taking another step forward on the consistent path as a turn-key supplier of industrial plant construction.

 
 

AutomationX GmbH, Grambach, Austria, is a worldwide operating technology company and focuses on integrated solutions in the area of automation. The company is focusing on the realization of turn-key projects in the business areas Paper, Food Industry, Building & Construction, Petrochemical Industry, Infrastructure and Energy Management as well as development, construction and distribution of system components (automation software and hardware). It employs 60 people and achieved a turnover of EUR 8 million in 2013.

“Another piece of the puzzle on the path towards a turn-key supplier in industrial plant construction was put into place by this transaction", explains Jochen Pildner-Steinburg of GAW Group Holding Pildner-Steinburg GmbH. The family-owned company includes 26 independent companies in the business areas Paper and Board, Chemical industry, Automotive industry, Environmental technology and Plastic engineering. With the acquisition of AutomationX the group has 1,800 employees, an export ratio of 95% and an annual turnover of EUR 273 million.