Europe – Joint brand of Renishaw and Listemann Technology, IQtemp, has become an independent company.
The announcement that IQtemp, joint brand of Renishaw and Listemann Technology, has become an independent company was disclosed at Formnext 2019 in an asset-deal agreement signed in December 2019.
A collective brand of Listemann Technology AG and Renishaw GmbH, IQtemp, was first introduced to the market in 2017 with a competence centre that works across technologies for conformal cooling of injection moulding dies and die-casting tools. Customers benefit from a full range of services from design and simulation of cooling to the manufacture of mould inserts by vacuum brazing and/or from generative production to inner and outer coating. Having rapidly established within the European mould-manufacturing sector since then and to handle increased demand, both partners decided on the brand becoming an independent industrial service provider.
The agreement sees the creation of the new IQtemp GmbH, which will be a member of the Listemann Group, with Listemann Technology AG as main shareholder. Located in Lüdenscheid, Germany, the new company is formed from Renishaw GmbH’s former conformal cooling business operations, which also sees two former Renishaw employees join the new business.
Rainer Lotz, President EMEA of Renishaw, and Dr. Manfred Boretius, majority shareholder of the Listemann Group, say this deal will create an optimal basis for the further dissemination of conformal temperature control in tool and mould making, with Renishaw’s additive manufacturing technology making a significant contribution to that goal. The close partnership between the two will continue to create added value for their joint customers in the future.