Harting Systems passes to new owners

The Harting Technology Group has sold its subsidiary Harting Systems, a provider of automated and digitalized checkout zones and goods dispensers, to TMP Beteiligungsgesellschaft.

Peter Weichert, Managing Director of Harting Systems, Philip Harting, CEO of the Harting Technology Group and Dr. Christoph Barth, designated Managing Director of the new Harting Systems GmbH (from left) in front of one of the checkout zones produced by Harting Systems. © Harting

With the completion of the transaction, all shares in Harting Systems will be transferred to the new owners. Philip Harting, CEO of the Harting Technology Group, commented: "We have found a good home for the employees and customers of Harting Systems. After numerous discussions with the management of Harting Systems GmbH and the buyer, we are convinced that TMP is a competent partner for sustainable entrepreneurial development. Together with the new managing director, Dr. Christoph Barth, who has many years of experience in managing manufacturing companies, we are confident that Harting Systems GmbH will continue to develop and grow successfully."

The designated Managing Director of the new HARTING Systems GmbH, Dr. Christoph Barth, expressed his enthusiasm for his new role: "I am very pleased to contribute my management experience to the sustainable development of the business. Together with all employees at the Espelkamp site, we are striving for a successful growth story and will lead the business with checkout zones and goods dispensers into a successful and digital future."

The HARTING Technology Group intends to focus more strongly on its core business "Industrial Connectivity" and concentrate on its international growth strategy. Peter Weichert, Managing Director of Harting Systems for many years, will continue to be available to the company. Weichert adds: "Together with the new owner, we will continue to expand our leading position as a market and technology leader and see promising growth potential in the areas of automated and digitalized checkout zones and secure goods dispensers."

The two parties have agreed not to disclose the purchase price.

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