Krone to invest in Austrian Schwarzmüller in view of product expansion
With this cooperation, the two family-owned companies are strengthening the joint expansion of production networks and the establishment of nationwide service worlds via a complementary product range. According to the official statements, the Schwarzmüller Group will continue to operate under the existing management.
Trailer manufacturer Krone will invest in Austrian Schwarzmüller. With this cooperation, the two family-owned companies are strengthening the joint expansion of production networks and the establishment of nationwide service worlds via a complementary product range.
Schwarzmüller Group from Freinberg near Schärding has annual turnover of 390 million euros and 1,950 dedicated employees. The company makes special vehicles in the commercial vehicle sector. The broad portfolio in the long-distance transport, construction and infrastructure sectors is characterised, among other things, by lightweight construction and a wide range of product customisation options. Particularly noteworthy are the popular lightweight trailers, the robust tipper semi-trailers or high-quality tankers as well as the container transporters in the waste disposal sector from the subsidiary Hüffermann.
Schwarzmüller facilities to be part of the Krone network
The Schwarzmüller Group contributes four modern production sites in Germany, Hungary, the Czech Republic and Austria, each of which is specialised and reflects the manufacturer’s broad range of production expertise. The integration of these locations under the umbrella of the Krone Commercial Vehicle Group also promises an increase in distribution capacity, the expansion of competent service networks and thus a clear commitment to customer proximity throughout the European market.
According to the official statements, the Schwarzmüller Group will continue to operate under the existing management. “We see this partnership as a significant step towards an even broader product portfolio and an expanded service world. Our aim is for customers to find the right transport solution from us at all times. The inclusion of Schwarzmüller in the Krone Commercial Vehicle Group ensures that we can meet this requirement to an even greater extent,” explained Bernard Krone, Chairman of the Supervisory Board of the Krone Group.
“We see the industrial partnership in the new ownership structure as an opportunity to further professionalise our modern, traditional company together, to optimally counter regulatory obstacles and thus ensure a secure future with stable jobs. Both family-run companies have proven in the past that they have very similar values. We look forward to a fruitful collaboration in these exciting times”, added Beate Paletar, owner of the Schwarzmüller Group.
