BITZER SE has taken over the 133 year old component specialist Armaturenwerk Altenburg GmbH (AWA) based in Germany, with retroactive effect from 1 January 2013. AWA is a leading supplier of valves and fittings with a wide range of solutions for subcritical and transcritical CO2 systems.
Chief Procurement Officer Jürgen Kleiner explains, "By taking over Europe’s leading manufacturer of refrigerant fittings we have secured a supply to our manufacturing sites worldwide, and expanded our product portfolio. Our customers will from now on benefit from a complete range from a single supplier – all in the familiar BITZER quality,” Kliener explains, “The AWA, FAS and Hans Nobis brands which the company markets will be retained, all of which stand for exceptional quality and reliability.’’
Management
New managing directors of the BITZER subsidiary will be long-standing AWA employees Diana Schubert and Günter Schuboth. "Both of them enjoy our complete trust and will provide continuity both within the company and to the outside world," states Kliener. The previous owner of AWA Karl-Fritz Jordan (67) is leaving the company for personal reasons. Jordan made the business successful within just a decade, multiplying its turnover from three million (2002) to the current level of 23 million euros. Jordan says that selling AWA to BITZER secures a promising future for the Altenburg-based company.
Expansion
BITZER plans to expand and develop the location very soon, "we are extending the production facilities and planning a logistics center which will ensure fast, flexible delivery," says Jürgen Kleiner. A neighboring property has already been purchased from the local council. The AWA buyout follows the December acquisition BITZER made of the transport segment of Lumikko Oy aiming for technology leadership for truck and trailer cooling.
About AWA
AWA manufactures and sells valves, sight glasses, solder adapters, flanges and fittings for refrigeration and air conditioning systems worldwide. AWA’s product range also include a variety of solutions for subcritical and transcritical CO2 systems. The company exports forty-five percent of its products to the European Union, the USA, China, Brazil and Russia and employs a total of 200 employees.
About BITZER
For over 75 years now, BITZER has been manufacturing the “heart” of refrigeration and air-conditioning systems, meaning the compressors as well as condensing units and pressure vessels for refrigeration and air conditioning and guarantees customers around the world that always and everywhere, they can rely on the perfect heartbeat.
Management
New managing directors of the BITZER subsidiary will be long-standing AWA employees Diana Schubert and Günter Schuboth. "Both of them enjoy our complete trust and will provide continuity both within the company and to the outside world," states Kliener. The previous owner of AWA Karl-Fritz Jordan (67) is leaving the company for personal reasons. Jordan made the business successful within just a decade, multiplying its turnover from three million (2002) to the current level of 23 million euros. Jordan says that selling AWA to BITZER secures a promising future for the Altenburg-based company.
Expansion
BITZER plans to expand and develop the location very soon, "we are extending the production facilities and planning a logistics center which will ensure fast, flexible delivery," says Jürgen Kleiner. A neighboring property has already been purchased from the local council. The AWA buyout follows the December acquisition BITZER made of the transport segment of Lumikko Oy aiming for technology leadership for truck and trailer cooling.
About AWA
AWA manufactures and sells valves, sight glasses, solder adapters, flanges and fittings for refrigeration and air conditioning systems worldwide. AWA’s product range also include a variety of solutions for subcritical and transcritical CO2 systems. The company exports forty-five percent of its products to the European Union, the USA, China, Brazil and Russia and employs a total of 200 employees.
About BITZER
For over 75 years now, BITZER has been manufacturing the “heart” of refrigeration and air-conditioning systems, meaning the compressors as well as condensing units and pressure vessels for refrigeration and air conditioning and guarantees customers around the world that always and everywhere, they can rely on the perfect heartbeat.
MORE INFORMATION
Jan 16, 2013, 18:15
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