The FINANCIAL — The Paderborn-based Autmaring GmbH will take over the Toolmaking unit, which has been part of Wincor Nixdorf’s production operations in Paderborn. The two companies signed an agreement to that effect on November 26, 2015. Under it, Autmaring GmbH will soon continue running the Toolmaking unit at its current location and take over the around 70 Wincor Nixdorf employees who work there.
Wincor Nixdorf has given Autmaring GmbH promises as regards capacity utilization; in return, the new owner will guarantee protection against redundancy for a limited period of time. The unit is to be transferred effective January 1, 2016. “Taking over a functioning toolmaking unit complements our activities ideally, since we can now produce the tools for our plastic and aluminum injection molding on our own and have laid the foundation for expanding our business further,” said Albinus Autmaring, sole Managing Director of Autmaring GmbH. The company now sees itself as well prepared to achieve its intention of expanding business in the field of injection molding tools. “We are aware of the high quality of toolmaking at Wincor Nixdorf and are counting on the employees and their know-how over the long term.”
As part of its restructuring program, Wincor Nixdorf had announced a fundamental readjustment of its hardware strategy. Whereas it is pressing ahead with expanding software and IT services, there are adjustments in the hardware sector. In view of that, it has begun reducing production capacities. The objective of the adjustments in hardware business is to be able to respond better to market fluctuations, while retaining a high level of innovativeness, according to Wincor Nixdorf.
Jörn Förster, Head of Business Administration at Supply Chain at Wincor Nixdorf, stated: “It’s good news that we’ve found a cost-effective concept with the positive solution for our colleagues that toolmaking will be retained completely at the Paderborn location.” He added that the sale also ensured Wincor Nixdorf would have a long-term strategic supplier in the field of toolmaking.
Autmaring GmbH, which is headquartered in Paderborn, has been a long partner and supplier to Wincor Nixdorf. The group operates in the field of services and engineering and currently has around 250 employees. Autmaring will incorporate the Toolmaking unit in the group as an independent company called Autmaring Engineering Werkzeugbau GmbH.
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