SCHÄFER & URBACH NOW PART OF THE HERRENKNECHT GROUP.

 

Herrenknecht AG has expanded its component portfolio to include Schäfer & Urbach, a renowned manufacturer of system and high-pressure technology.

 

Schwanau / Ratingen, Germany, April 27, 2011. Based in Ratingen near Düsseldorf, Schäfer & Urbach GmbH has been majority-owned by Herrenknecht AG (based in Schwanau, Southern Germany) since February 2011 making it a member of the Herrenknecht Group. Incorporation in the Group arose from an asset deal between Herrenknecht AG and the former Schäfer & Urbach GmbH & Co. KG.

 

By integrating this renowned manufacturer of system and high-pressure technology, Herrenknecht extends its own component portfolio. High-pressure piston pumps manufactured by Schäfer & Urbach, for example, are used in the Herrenknecht HDD method (Horizontal Directional Drilling) and in innovative deep drilling rigs by Herrenknecht Vertical GmbH (Schwanau). In deep drilling rigs by Herrenknecht Vertical GmbH, which are used in the exploration of oil and gas deposits on- and offshore as well as in tapping geothermal energy, Schäfer & Urbach mud pumps represent key core components, especially in achieving bore hole safety. Acquisition of Schäfer & Urbach GmbH will now enable Herrenknecht to rely on its own and independent competence in this key component area.

 

Executive Management of the newly-integrated Schäfer & Urbach GmbH will be shared by the Schäfer & Urbach CEO of many years, Peter Pawlitzki (engineer, aged 63) and Herrenknecht AG’s Philippe Fraunhofer (industrial engineer (FH), aged 43). Within the framework of integration in the Group, Schäfer & Urbach’s business is to be internationalized via the international Herrenknecht sales network. Existing customer relations will continue to be supported by long-term members of the company with customers largely representing the areas of oil exploration, the petrochemical and steel industries.

 
Established 85 years ago, core business at Schäfer & Urbach involves the development and manufacture of high-pressure piston pumps and pump systems. In this special segment, products marketed by Schäfer & Urbach enjoy international renown in their respective industries. The product range also comprises descaling systems, high-pressure technology for cleaning large storage tanks in the oil industry as well as highly-specialized welding technology. Schäfer & Urbach employs around 60 people at its location in Ratingen.

 

 

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