Wampfler AG and Conductix, up to now the branch of Delachaux SA for energy and data transmission, are to be formed into a single division within the framework of a one to two year long transition phase.
“This merger provides a decided competitive edge in a highly competitive market,” said Wampfler chairman of the board of directors Stefan Ziegler. He added: “Conductix and Wampfler perfectly complement each other.” The new unit will have an extensive product portfolio at its disposal as well as subsidiaries in all important markets.
He explained: “The branch has been in a dynamic consolidation process for a number of years. We are pleased to be part of creating the leading company in this industry. It is a positive development for Wampfler AG and the consequential step, based on industrial logic,” according to Ziegler.
The company seat of Wampfler AG remains unchanged in Germany – no job cuts are planned at this location. “We have been on the lookout for qualified manpower for quite some time in this booming market environment. We cannot even think about cutting jobs in this market situation”, according to Ziegler.
The importance of the location at Weil am Rhein in the Delachaux network is also emphasised by staff continuity. Both Stefan Ziegler and financial director Christopher Friedrich will retain their present functions as directors at Wampfler AG.
In addition, both of them will be called to the executive board of the expanded energy and data transmission division of Delachaux after the one to two year integration phase – and Stefan Ziegler will be chairman.
Technology director, Uwe Bormann, however, will go into retirement in December 2006, “in line with long-term planning.”
