Bürkert and Fäth join forces
The Bürkert and Fäth board of directors have agreed upon the acquisition of Fäth Group by Bürkert Group.
After merger control approval, the Bürkert Group will acquire controlling interest in the Fäth Group, consisting of the new FäthGroup GmbH, which consolidates all national and international subsidiaries, and HighQ-Factory GmbH. The previous owners, Michael and Florian Fäth, will remain as shareholders in the Fäth Group and maintain their positions as managing directors together with the currently established and approved management team.
Bürkert Fluid Control Systems is one of the world’s leading manufacturers of measurement and control systems for liquids and gases, established by Christian Bürkert in 1946. Since that time, Bürkert remains a 100% family-owned enterprise, employing approximately 2500 people worldwide with subsidiaries in 36 countries globally, which includes production sites and specialized System Houses in Germany, the USA, and China. For more detailed information about the Bürkert Group, please refer to www.buerkert.com.
The core businesses of each group will remain independent and unaffected. In the future, specific cooperation projects are intended, fueled by their complementary competences in fluid controls and process systems, and targeting complete holistic system solutions for customers worldwide.
On the basis of this cooperation with Bürkert, the Fäth Group are enabled to strengthen their business activities and gain further opportunities for sustainable growth and diversification of their product lines. Moreover, the participation of Bürkert guarantees the continuation of Fäth as a family-owned business.
Contact: info@faeth.com