Verder Group acquires furnace manufacturer Gero Hochtemperaturöfen
October 16, 2013
Gero Hochtemperaturöfen GmbH & Co. KG located in Neuhausen, near Stuttgart, Germany, has recently been acquired by the Verder Group, joining the company’s Scientific Division.
Gero manufactures a wide range of furnaces for a number of applications including Powder Metallurgy and Metal Injection Moulding. Furnaces are suitable for both industrial and research processes, with models capable of operating up to 3000°C. The company generates a turnover of some €7 Million.
“With the acquisition of Gero, the Scientific Division of the Verder Group now offers the complete range of high temperature furnaces up to 3000°C,” stated Dr Jürgen Pankratz, Director of the Verder Scientific Division. “Gero’s portfolio complements the line of laboratory and industrial furnaces and ovens offered by the British manufacturer Carbolite Ltd., also part of the Verder Group.”
Gero’s Managing Director, Roland Geiger, founded the company more than 30 years ago and will continue in his role as Managing Director. Future plans include an extension of the headquarters at Neuhausen to accommodate more activities of the Verder Scientific Division.
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