Strategic partner found: Hiller GmbH now part oft he Ferrum Group
In order to strengthen and stabilise its position in the market, the Vilsbiburg decanter manufacturer Hiller was looking for a strategically oriented partnership last year.
In order to strengthen and stabilise its position in the market, the Vilsbiburg decanter manufacturer Hiller was looking for a strategically oriented partnership last year. Which form of partnership this could be was always left open, from the sale of shares to the complete acquisition. A future perspective geared to stability and growth, which should result for the entire company, was of the utmost importance in this search.
As the industry has been exposed to highly volatile markets in recent years and the company thus faced a difficult economic situation between 2013 and 2016, the company had set itself high targets in its search for a partner in order to strengthen its market presence in the future. With the Swiss Ferrum AG, the perfect investor was finally found. Ferrum AG fully supports the desired objectives, such as the preservation and further development of the Vilsbiburg (Germany) location, maintaining the brand name “Hiller” and above all of the entire workforce.
Ferrum AG, headquartered in Schafisheim, Aargau (Switzerland), is the global market leader in the can closing business and a specialized niche supplier of separation technologies. Ferrum sees the acquisition of the Hiller GmbH, an international innovative specialist in the development and manufacture of decanter centrifuges as a significant progress in the separation technology business.
Hiller GmbH employs 160 people and operates state-of-the-art production facilities at its headquarters in Vilsbiburg, Bavaria. Hiller’s decanter centrifuges and plants are used particularly in environmental technology / wastewater treatment and in the food industry, but also in the oil and gas, chemical and pharmaceutical industries. The location in Bavaria with its staff and the brand name Hiller will be retained.
Georg Hiller, CEO Hiller GmbH, will also remain with the company as CTO and can therefore devote his full attention to the further development of decanting centrifuges and the associated processes and will also support the integration of Hiller GmbH into the Ferrum Group.
Ernst Werthmüller, Vice Chairman of the Board of Directors of Ferrum AG, will be responsible for the Supervisory Board and act as temporary CEO of Hiller GmbH.
Ferrum AG employs over 800 people worldwide and has two plants in Switzerland, as well as locations in China, India, Poland, the USA and now Germany.