Kistler announces takeover of Schatz AG | Automation.com

Kistler announces takeover of Schatz AG

Kistler announces takeover of Schatz AG

May 12, 2016 – With immediate effect, Kistler is taking over Schatz AG in Remscheid (Germany) and its U.S. sales and service company, Schatz USA, Inc., Holly (MI). This acquisition gives the Kistler Group potential applications in quality assurance in industrial manufacturing. The Schatz Group can now market its systems through Kistler's global sales network, giving it access to previously underexploited markets. 

Screw driving is still one of the most elementary basic processes in industrial manufacturing. The monitoring and inspection of screw connections is extremely important in quality assurance, especially in the automotive industry. The takeover is "a logical step for Kistler in the implementation of its overall growth strategy," says CEO Rolf Sonderegger. "We want to use our measuring technology in even more applications and increase the number of complete systems and targeted services that we offer."

The Schatz Group develops, manufactures, and distributes laboratory systems for the analysis of screw connections, calibration equipment and test systems for torque tools, and portable measurement systems for random sample testing. The company also supplies the necessary network software and provides a calibration and repair service. In 2015 the group generated sales of close to €16 million. It employs 75 people at its sites in Remscheid (Germany) and Holly (USA). Following the takeover, Schatz Group products and services can now be marketed through the global sales network of the Kistler Group.

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