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AH Industries sells its non-core business Site Solutions

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Vejle, December 08, 2017 – AH Industries A/S is selling its non-core business Site Solutions to Eltronic A/S as of December 1, 2017 as part of the ongoing structural reorganisation of AH Industries. This step will allow AH Industries to further intensify the focus on its core business. With this sale, AH Industry is strengthening and sharpening its profile as a leading supplier of machining and assembly services for the wind power, minerals and cement industries with a production footprint in Denmark and China. The parties have agreed to keep the purchase price confidential.

Site Solutions management is pleased to join a leading contractor of equipment for the global wind turbine industry.

 

Lothar Schaefer CEO of AH Industries states: ”In Eltronic we have found the right match for Site Solutions. The new organization provides a strong foundation for specialized equipment for the wind Industry. This will allow us to focus on our core business and competences in machining and assembling.”

 

AH Industries remains to operate in two business areas. In its largest segment, the company produces steel components and modules for on- and offshore wind turbines. For these components, the company’s unique selling proposition lies predominantly in high-precision machining and supply chain management. The second activity is in the procurement and assembling of special machinery for the cement and minerals sector.

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