Mipa Group Acquires WB Coatings
On January 1, 2023, MIPA took over the business of the company Warnecke & Böhm GmbH and decided to maintain the brand WB Coatings. The product range and customer relations of Warnecke & Böhm will be organised mainly by Feycolor GmbH in Regensburg/Germany, which belongs to the Mipa Group.
The manufacturing of the products will be carried out in cooperation with the several Mipa production sites depending on the product group. “The traditional WB Coatings brand will definitely be retained after the takeover," Mr Markus Fritzsche, Managing Director of MIPA SE said.
“Costumers will be offered the usual product range and will continue to receive support from a specialised industrial coatings manufacturer in Bavaria.” Marcus Preußner, the managing director of WB Coatings, is also confident that selling the company to the Mipa Group was the right move.
"The sale of Warnecke & Böhm GmbH to MIPA SE is a strategically important step in aligning the brand WB Coatings for the future. The long-standing, very successful cooperation with MIPA will also ensure a smooth transition."
For several years, the Mipa Group already produced most of the products that Warnecke & Böhm distributed in Germany and neighboring countries. Warnecke & Böhm's customers are mostly industrial users operating in the areas of mechanical engineering and plant construction, medical technology, glass coating, audio technology and metal housing, as well as users of special solutions for the automotive industry.
For Mipa, the acquisition of WB Coatings means a larger customer base and product portfolio in the field of industrial coatings. This will allow for the successful utilization of numerous synergies with current Mipa products.
As a result of the acquisition, MIPA SE guarantees the continued existence of the WB Coatings brand and the business activities of Warnecke & Böhm in Bavaria as well as the continued supply of customers with the usual material.
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