Acquisition of the German Dörries Scharmann closed

The acquisition of the Dörries Scharmann Group by StarragHeckert Holding AG announced at the beginning of this week has been completed on 19 January 2011.

StarragHeckert substantially strengthens its position in its target markets aerospace, energy generation, transport and precision mechanical engineering by practically doubling its business volume. Action plans to enhance benefits to our customers and capitalize the synergies from the merger are being developed and will be implemented immediately.

Press release (PDF)