Press release -

Grandioso!

Marcus Eisenhuth, Chief Operating Officer (left), and Daniel Eichert, Head of Control and Connection Equipment (right) at BARTEC, speak about the BARTEC Group's largest acquisition to date.

Mr Eisenhuth, what were the strategic considerations you had in mind when acquiring TOP Group?

Eisenhuth: Explosion-protected control and connection equipment is the largest single product division in the BARTEC Group. Th e addition of TOP Group – made up of the manufacturer FENEX and the two trading companies FEAM and NUOVA ASP – is a signifi cant reinforcement in three areas of explosion protection: enclosure technology, lighting solutions and cable glands. This also includes strategically important technologies, thanks to which we can now off er more complete systems from a single source than ever. From a global perspective, this gives us a new competitive advantage.


Which technologies in particular, Mr Eichert?

Eichert: In lighting, this is above all LED technology, which is becoming established in the market now in actual solutions.
They also have many years of experience in aluminium die casting, particularly when it comes to manufacturing thick-walled and
rigid enclosures in a range of sizes. Systems engineering is the third area. Here, TOP Group are excellent at assembling the individual components into complex, ex-protected, low-voltage systems. The challenge here lies in controlling motors, pumps, lighting and system technology safely, i.e. without any sparks escaping. All this with values up to 690 volts and 1,250 amps.


What are the main sectors where TOP Group solutions are used?

Eisenhuth: Just like at BARTEC, it's extremely varied: from oil and gas to process engineering and the automotive industry. With the exception of the larger switchgears, some products are also interesting for smaller businesses, such as for carpenters' workshops looking for a way to protect against fires or dangerous dust explosions. Which of the newly acquired products do you each find most exciting?
Eichert: Right away I think of the patented EJC enclosure for the gas group IIC. Instead of the round cover with threaded joint that you see in most enclosures, it has a square cover with an extended flat joint. Th is may seem like a minor detail, but it gives us a real competitive
advantage by making it much easier to fi t the square enclosure without the typical "dead" corners. It also allows us to install actuators in the flat cover. Square covers are also easier to handle and maintain. What we also find interesting is the TOP Group's thick-walled aluminium enclosure, as this allows us to now target the Arabic and American markets.
Eisenhuth: Lighting technology is also a big addition. Oft en it is handled separately from switching projects, but it is still required to operate these kinds of systems. Once installed, the lighting is usually active 24 hours a day. In future, this means the efficient LED solutions will become much more important. Together with the TOP Group, we can now provide lighting technology as part of a complete package from a single source. FEAM in particular has won major lighting projects in Saudi Arabia in recent years. Th is opens the door for the entire BARTEC Group to a new market, which had previously closely followed the American Ex standard.


How are you planning to integrate the three new companies in the BARTEC Group?

Eisenhuth: Just as with past acquisitions, we want to make sure that the TOP Group brands are retained. What's new is that for the first time, this integration process will be accompanied by an integration manager. In this role, Mr Eichert will ensure open communication and high transparency in the respective tasks and processes. After all, with TOP Group, we're talking about three family businesses that have their own corporate structure. Th e companies' employees all have a strong emotional connection, and it's this that makes them stand out so successfully.


How do you see this happening, Mr Eisenhuth?

Eisenhuth: Among other things, we organised welcome days at each site in order to integrate the staff as early as possible. We presented the BARTEC Group at these events and handed out Italian versions of the company brochure. We are able to keep the information up to date with regular teleconferences and newsletters.


How will the respective customers benefi t from the merger?

Eichert: Above all through the expanded product range, but also from the even better delivery performance thanks to the value that each company adds in their respective areas. Extra benefits come from the sales synergies resulting from the various regional strengths. This will make us even more responsive internationally.


Mr Eisenhuth, what does this mean for BARTEC's market position?

Eisenhuth: Together with the three companies in the TOP Group, we are now able to off er the full portfolio in explosion protection. It also makes us even stronger internationally as a system provider, regardless of whether the focus is on switchgears including lighting and fittings, or industrial automation, which we cover both in a traditional sense and in the mobile computing sector. Our global business partners are increasingly looking for comprehensive expertise with the potential to outsource. In this respect too, the BARTEC Group is in an excellent position.

Topics

  • Economy, Finance

Categories

  • bartec
  • top group
  • acquisition

BARTEC is a leading global provider of explosion protection. Its international customers mainly include companies from the oil and gas, chemical, petrochemical and pharmaceutical industries and from the field of energy. In the context of the strategic further development of the group, the focus is on the key areas of innovation and globalisation: The goal of the "BARTEC goes mobile" strategy is to release a wide range of explosion-proof tablets, smartphones and cameras as well as the associated software integration in order to provide the best possible service to the future market of mobile solutions for use in hazardous areas. In addition, BARTEC is focusing on consistent internationalisation and on the systematic expansion of its international network, which currently comprises a global network of 14 production locations, over 60 sales units and around 50 international trading partners.

Contacts

BARTEC

Press contact +49 7931 597-0

Daniela Deubel

Press contact Director Global Corporate Communications 07931/597 324