Henke Sass Wolf sells shares in thermohauser GmbH to existing management
The family-owned company Henke Sass Wolf GmbH (HSW) is selling all its shares in thermohauser GmbH, one of the leading manufacturers of catering and bakery equipment, to the existing management. Frank Lutz, previously managing director of the thermohauser Group, will become the new sole managing partner.
The thermohauser Group, headquartered in Uhingen with a branch in the USA, operates internationally and is known worldwide for its high-quality products in the field of catering supplies. For decades, thermohauser has been a reliable partner to the national and international food industry and leading retail companies. Customers from bakeries, pastry shops, restaurants, hotels, catering companies, and delivery services particularly appreciate the quality, functionality, and reliability of thermohauser products. With over 2,000 items, the company covers a wide range of products for professional users.
HSW is handing over thermohauser as an economically stable company that is well positioned for the future. During its time as part of the HSW Group, numerous new products were successfully launched and won several innovation awards. In addition, international distribution and the expansion of e-commerce were consistently driven forward. thermohauser is thus strategically well positioned to continue growing sustainably in the future and gain further market share.
"The time has come to place an established and well-functioning company in new hands. We are very pleased to have found a buyer in the form of the previous management team, which stands for continuity and will consistently drive forward the further development of thermohauser. The sale will enable HSW to focus even more strongly on its core business areas of medical technology and veterinary medicine in the future. We wish thermohauser every success for the future and have every confidence in Frank Lutz," says Henner Witte, Group CEO of Henke Sass Wolf GmbH.
With the takeover, all shares in the group and responsibility for over 40 employees at the Uhingen and Dudley (Massachusetts, USA) sites will be transferred to Frank Lutz. “The further digitalization of business processes and investments in e-commerce, new products, and IT form the basis for continuing to position thermohauser successfully in the market in the future,” explains Frank Lutz, managing partner of the thermohauser Group.
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