Hawe Holding GmbH has signed a contract for the acquisition of the business units Fritz Schur Energy (FSE) and Fritz Schur Teknik (FST) from Fritz Schur Technical Group A/S based in Denmark.
Hawe Hydraulik, manufacturer of technologically advanced hydraulic solutions, is thus acquiring two business units at four locations and the associated product range as of 16.03.022. In 2021, the aforementioned business units generated sales of €50 million with 112 employees. This step opens up an expansion of Hawe Hydraulik’s existing product portfolio for wind turbines and strengthens it as a system provider in this market At the same time, Hawe will have a direct presence in Denmark as a company.
Hawe Hydraulik takes over all activities and employees at the existing locations. The customers of Hawe Hydraulik and the former Fritz Schur Energy or Fritz Schur Teknik will benefit from the joint competence, the global sales and service network and the significantly expanded product range. After 20 years of steady growth in the Renewable Energies business unit, this acquisition is an important strategic step for the Hawe Group in strengthening its market position as an innovative partner for hydraulic drives and mechatronic controls in plants for generating energy from wind, sun, and water.
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