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Sunday, 30-04-2017

Pfaudler acquires Julius Montz GmbH

Pfaudler Group (“Pfaudler”, www.pfaudler.com; 2014 revenues: 222 million US dollars) has, effective September 01, 2016, acquired all shares in Julius Montz GmbH (“Montz”) from F.A. Neuman Group, (Eschweiler, Germany). Like Pfaudler, Montz plans, designs and manufactures plant components for applications in the chemical industry. Pfaudler produces glass-lined reactors that are used to mix chemical substances. Montz, on the other hand, specializes in distillation technology through which different liquids and gases can be separated into their constituent parts or purified. A core competence of the company, which owns numerous patents, is the configuration of individual components to form optimized columns in a chemical plant. This line of business accounts for approximately 60 percent of revenues. Montz also develops and supervises the construction of complete plants for the chemical and pharmaceutical industries as well as for the food industry. Montz holds a leading market position in the bioethanol sector, including in the development of state-of-the-art production processes for cellulosic ethanol. Montz will therefore strengthen Pfaudler’s systems competence.

Montz will remain autonomous within the Pfaudler Group but will have access to Pfaudler’s global network, which encompasses sales and service organizations on all continents. Montz and Pfaudler currently have many customers in common to whom they separately deliver different, complementary technologies. A company with a rich tradition and outstanding reputation – its history dates back to 1911 – Montz will contribute importantly towards Pfaudler’s further growth. Montz employs about 110 people in Hilden and at its second site in Landau (Rhineland-Palatinate, Germany).

11-03-16

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