DUBAG Group is delighted to announce the successful acquisition of Emitec Group, Vitesco Technologies’ catalysts and filters business. The acquisition was made through their exclusively managed LEO II. fund.
The group, with production facilities in Germany (Lohmar and Eisenach) and India (Pune) and further sales offices around the globe, is the global market leader in metal substrates for catalysts and filters for various industries and residential buildings with a major footprint in the automotive industry, contributing to the purification of exhaust gases from internal combustion engines and chimneys. The entire Emitec dedicated workforce of c. 1,000 employees has been taken over as part of the transaction. Rolf Brück (CEO), Martin Kohn (CFO) and their experienced team will continue to lead the Emitec Group on its path to becoming an independent company again and maintain its position as a leading partner for OEMs and their suppliers while strengthening the business outside the automotive industry.
Vitesco Technologies Group AG (known until autumn 2019 as Continental Powertrain), headquartered in Regensburg, is a German MDax listed automotive supplier for drivetrain and powertrain technologies.
“We are very proud to welcome Emitec Group to the DUBAG Group family and are convinced that Emitec, as an independent company with a focused and competitive product portfolio, can realise its full potential as an important partner for exhaust gas treatment and filter applications in various industries.”, said Florian Hitzer, Partner Operations at DUBAG Group.
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