on INDUS Holding AG (ETR:INH)
INDUS Holding AG Sells MEWESTA to Lange Group
INDUS Holding AG has sold its hydraulic control block manufacturer, MEWESTA Hydraulik GmbH & Co. KG, to Lange Beteiligungen GmbH. The sale follows INDUS' strategy of active portfolio management under the EMPOWERING MITTELSTAND initiative. MEWESTA, based in Münsingen, specializes in hydraulic control blocks, boasting 44 employees and annual sales of EUR 5 million.
The new ownership by Lange Group, a precision metal machining company in Mehrstetten, offers potential for growth due to complementary portfolios and geographic proximity. Christine Lange, Managing Director of Lange Beteiligungen GmbH, sees this as a strategic fit, enhancing manufacturing capacity and opportunities.
Dr. Johannes Schmidt, Chairman of the INDUS Board of Management, emphasized the strategic nature of this sale as part of INDUS’ long-term growth strategy, with plans for further acquisitions by the end of 2026.
R. P.
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