PartnerFonds AG: Update on investment in tool and mould making buisness of Hehnke GmbH & Co. KG
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  • PartnerFonds AG: Update on investment in tool and mould making buisness of Hehnke GmbH & Co. KG
08. Jul. 2019 16:51

PartnerFonds AG: Aktueller Stand der Investition in den Werzeug- und Formbau der Hehnke GmbH & Co. KG

Planegg, 4 July 2019 - Accuracy and reliability requirements in the manufacturing process of technical plastic parts have increased considerably in recent years. This trend will continue, not least due to the product safety and reliability requirements resulting from the current changes affecting the automotive industry. Hehnke GmbH & Co. KG, a subsidiary of PartnerFonds AG based in South Thuringia, Germany, aims to adapt to this trend with the launch of its project "Werkzeugbau 2020" (tool making 2020), seeking to take its business up to a new level of quality and accuracy in tool and mould making. At the core of this sophisticated yet necessary development is the new construction of a fully air-conditioned machinery building and the reconstruction of the company's existing assembly hall and apprentice workshop. In addition, new office capacities for the development, construction and work preparation departments as well as new staff social areas will be generated. The building shell is scheduled for completion in July, with the entire construction project due to be completed by the end of October. Following completion, the new machinery hall will be equipped with new five-axis machining centres for steel and graphite processing as well as new lowering and wire erosion technologies. 

Oliver Kolbe, CEO of PartnerFonds AG, is highly pleased with the consistent implementation of the "Werkzeugbau 2020" project. “By expanding our tool and mould making division, we cater to the high quality requirements of our customers while strengthening the competitiveness of our serial production of plastic parts (injection moulding),” he says. 

About PartnerFonds AG

As an industrial holding company of the SME sector, PartnerFonds AG - and its public subsidiary Blue Cap AG (WKN: A0JM2M) - invest in medium-sized enterprises with an industrial focus and a high growth potential. In line with this "buy, hold & develop" strategy, our subsidiaries are independent business entities operating under the umbrella of PartnerFonds AG to form a strong group of medium-sized companies with an industrial bias.

Investments are focused on majority stakeholdings of companies in the German-speaking region. Our target companies typically achieve sales revenues in the range of EUR 10 to 50 million and boast a profitable and robust core business.

Further information:

PartnerFonds AG

Marc-Oliver Knobloch

Fraunhoferstraße 15

82152 Planegg/Martinsried, Germany 

Tel: +49 (0)89 - 614 240 215

Fax: +49 (0)89 - 614 240 299

Email: knobloch@partnerfonds.ag

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