German machinery company Kiefel GmbH, part of the Brückner group, has acquired Czech-based SWA sro, a company which provides compression, foaming and vacuum form tooling along with automation systems for the auto industry.
SWA, founded by two engineers from the automotive supply industry over 20 years ago and now has around 130 employees. It is based in Stod, in the Pilsen region.
The Brückner group states that the acquisition is consistent with its growth strategy and its objective to strengthen existing parts of the group by expanding its product range. Financial details of the deal were not disclosed.
Kiefel says that the acquisition is an important step to it becoming a complete provider in the automotive interior sector. The purchase of SWA will see Kiefel add die cutting and pressing technologies to its technology range and will enable it to develop competence in press laminating and pressing natural fibers, as well as in the corresponding toolmaking areas.
The company will be able to provide systems for the production of door panels, instrument panels, center consoles and sun visors for the interior in addition to trunk trim and acoustic components.
The Brückner group is a global company supplying machines and systems for manufacturing plastic and has around 1,800 employees.