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09-01-2009

Wirthwein: New Sites

As of August 1, Wirthwein AG, Creglingen, Germany, has acquired substantial assets of the stock market listed emQTec AG i.L. The newly formed company will take the name Wirthwein Friedberg GmbH & Co. KG; it employs around 75 people and is the eleventh company under the Wirthwein AG umbrella. It manufactures injection moldings, principally supplying customers in the automotive and white goods sectors.

Besides its subsidiary in Friedberg, Germany, Wirthwein is also planning to set up another company in Zaragoza, Spain. First it will produce large plastic components for household appliances here. It plans sales of EUR 12 million. Since numerous companies from the automotive and rail sectors manufacture in the Zaragoza region, Wirthwein has great expectations for its entry into Spanish market.

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