May 15, 2019 - Menzel Elektromotoren GmbH is acquiring a majority stake in Franz Wölfer Elektromaschinenfabrik Osnabrück GmbH, a company that recently went into insolvency. Menzel is now co-managing the business with Wölfer’s founding family to ensure that the production of Wölfer brand electric motors will continue in Osnabrück. Bolstered by support from all Menzel group companies, the manufacturer is set to regain its footing and expand from there. The new ownership structure does not lead to any changes to existing contractual relationships with customers. The owners are aiming to conclude the insolvency period as soon as possible.
All contact persons remain available for customers as usual. Wölfer will contribute valuable additional know-how to the Menzel group of companies, notably regarding special low-voltage asynchronous motor design for hoisting machinery and the shipping industry.
Menzel Elektromotoren GmbH manufactures and supplies custom electric motors for industrial applications, mainly in the power range of 200 to 15,000 kW. An range of units kept on stock ensures that Menzel is ready to deliver on short notice. Pawils Elektromaschinenbau GmbH, another member of the Menzel Group, can also benefit Wölfer customers by providing maintenance and repair services. Pawils handles electric motors and drive systems of any kind up to an output of several 1,000 kW and offers a flexible factory service.