Management-buy-out Zahoransky sells mould and tool shop in Rothenkirchen

Source: Zahoransky 1 min Reading Time

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Zahoransky has divested its Rothenkirchen production site, specializing in injection moulds for personal care and consumer products, to MT Management in a management-buy-out led by Monty Tepper, the site's long-standing managing director.

Zahoransky has sold the production site for injection moulds in Rothenkirchen, Germany.(Source:  Zahoransky)
Zahoransky has sold the production site for injection moulds in Rothenkirchen, Germany.
(Source: Zahoransky)

In the course of the further development of the group of companies, Zahoransky has sold the production site for injection moulds Zahoransky Formen- und Werkzeugbau in Rothenkirchen (Steinberg) to MT Management. As part of a management-buy-out, the long-standing managing director and toolmaking expert Monty Tepper will take over the entrepreneurial responsibility. Since 1991, the site has been producing injection moulds for a wide variety of plastic products in the personal care and consumer products sector in the Vogtland region of Saxony with around 70 employees. In the future, the company will operate under the name Molding Tec Steinberg and will continue to focus on the production and sale of moulds and tools. The new ownership and management structures are to allow for a smooth continuation of business activities.

With the completion of the transaction, Zahoransky has reached a significant milestone in the further development of the group of companies and is focusing its production capacities for injection moulds on the sites in Freiburg and Coimbatore (India) in order to achieve further synergies between injection moulding, automation technology and mechanical engineering. “We would like to thank the employees of Zahoransky Formen- und Werkzeugbau for their many years of loyalty and commitment and are pleased that the completion of the transaction has secured the jobs of the approximately 70 employees. The management of the companies has decided to continue to work closely together in the future,” said Ulrich Zahoransky after signing the contract.

(ID:49899540)

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