Dieffenbacher takes over the business of DSTP-Engineering Oy
Dieffenbacher Panelboard Oy, Finland, the wholly owned subsidiary of DIEFFENBACHER GMBH Maschinen- und Anlagenbau, Germany, has agreed with DSTP-Engineering Oy, Finland, to take over its business.
The transaction was closed on May 16, 2012.
DSTP-Engineering Oy was a company supplying consulting and engineering services as well as certain machinery like chips screening and mat forming.
The investment is in line with Dieffenbacher’s strategy to grow its core business and to increase its engineering capacities. Dieffenbacher will take over six employees in Finland, two in Russia and one in Atlanta, GA, USA.
The service and spare parts for the equipment and machines supplied by DSTP-Engineering Oy will be provided by Dieffenbacher.
Dieffenbacher will continue and strengthen the tradition of technological development and engineering for panel board plants. This will further sustain the expertise and the scope of supply offered by the Dieffenbacher Group.
In 2011, Dieffenbacher’s Business Unit Wood sold 29 panel production plants and realized a turnover of approximately EUR 290 million and thus an increase of 10 % compared to 2010. The orders in house amount to EUR 630 million and reach far into 2013. Dieffenbacher expects to increase turnover considerably in 2012.
For further information please contact:
Volker Kitzelmann / Bernd Bielfeldt
Maschinen- und Anlagenbau
Heilbronner Straße 20
Tel.: +49 (0) 7262-65 393
DIEFFENBACHER PANELBOARD OY
15560 Nastola, Finland
Tel.: +358 (0)40 544 8567