Cremer acquires majority share of SOF Equipment GmbH
April 2, 2014
Cremer Thermoprozessanlagen GmbH, based in Düren, Germany, has announced the acquisition of the majority of shares in SOF Equipment GmbH. Based in Eschweiler, Germany, SOF manufactures a range of furnaces for various industries including Powder Metallurgy (PM) applications.
Cremer has been a manufacturer of industrial furnaces with a focus on the Powder Metallurgy (PM) and Metal Injection Moulding (MIM) technology sectors for almost 50 years. The company produces a range of furnaces including walking beam, belt, pusher, multi-tube, drum type, batch type and rotary-hearth systems.
“The acquisition of SOF by Cremer strengthens the market position and will provide an extended product range, more powerful technology and innovation support, plus an optimum service from a single source,” stated Dipl.-Ing. Ingo Cremer.
Following the transaction, SOF Equipment GmbH has been renamed in Cremer-SOF Engineering GmbH and Ingo Cremer has been appointed General Manager (CEO).