Production continues, jobs secured
Zahoransky sells mold and tool making in Rothenkirchen
Zahoransky has sold the production site for injection molds to management as part of the group's future-oriented development. As part of a management buy-out, Monty Tepper, the long-standing managing director and toolmaking expert, is taking over entrepreneurial responsibility.
Zahoransky Formen- und Werkzeugbau GmbH in Rothenkirchen (Steinberg) has been sold to MT Management GmbH. As part of a management buy-out, Monty Tepper, the long-standing managing director and toolmaking expert, is taking over entrepreneurial responsibility. The site has been producing injection molds for a wide range of plastic products in the personal care and consumer products sector in the Vogtland region of Saxony with around 70 employees since 1991. In future, the company will operate under the name Molding Tec Steinberg GmbH and will continue to focus on the production and sale of molds and tools.
Focus on production sites in Freiburg and Coimbatore (India)
The new ownership and management structures will allow business operations to continue smoothly. With the completion of the transaction, Zahoransky has reached a significant milestone in the future-oriented further development of the group of companies and is focusing the production capacities for injection molds on the locations in Freiburg and Coimbatore (India) in order to achieve further synergies between mold construction, automation technology and mechanical engineering.
"We would like to thank the employees of Zahoransky GmbH Formen- und Werkzeugbau for their many years of loyalty and commitment and are delighted that the completion of the transaction has secured the jobs of around 70 employees. The management boards of the companies have decided to continue working closely together in the future," said Ulrich Zahoransky after signing the contract.
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