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  Press Relase: hde Solutions in top form
Posted by: Hydro_Publishing on Thursday, July 24, 2003 - 09:47 PM
News After successful MBO: healthy order books and figures well in the black for the hydroforming specialists “hde Solutions GmbH”

Menden, 22nd July 2003. There have been some difficult times for the venerable family business of “hde Metallwerk GmbH” of Menden in the Sauerland. In the autumn of 2002, the collapse of the semi-finished parts business brought about by the recession in the economy pushed the whole company into insolvency. But the four-man management of Managing Director Tom Graf continued to believe in the potential of the company. After all, this traditional company had been one of the first to make industrial use of hydroforming technology, establishing its innovation leadership over recent decades lastly under the Development Manager Stefan Geißler. There were also good prospects for hde in the business area of heat technology. These would have to be developed.

No sooner said than done. With the help of capital funding, Graf, Geißler, Sales Manager Stefan Rossner and Chief Controller Roman-Peter Berendahls took over the majority shareholding in the company, renaming their new baby “hde Solutions”. The word “Solutions” in the new company name embodies a definite company policy: The company is not a ‘catalogue’ supplier of parts to order, but a developer and provider of complete, customer-orientated solutions.

But first, the company had to be put back in working order. In the shortest possible time, the working procedures were slimmed down, professional controlling instituted and sales restructured. Success was not slow in coming: with its workforce of around 230 employees, “hde Solutions GmbH” was back in the black in the first quarter of 2003 – the very first three months of its existence. And the order books are also looking very healthy for the future. The reason that this succeeded – as Managing Director Tom Graf is always happy to point out – is thanks to the many customers who remained loyal to hde even in difficult times, and always continued to believe in the ultimate success of the company.

With around 65 percent of production capacity, the main customer of the company is the automotive industry. In the IHU sector, hde manufactures complex components and assemblies for automobile manufacturers, and in particular for exhaust and manifold systems. Other main areas are sanitation fittings, components for the engineering sector and also design projects. hde Solutions Gmbh also supplies the European aerospace industry, for which the company has now been awarded the necessary certification. The customer portfolio also includes worldwide companies in the heat technology sector.

The management has great plans, but wants to grow organically. Nevertheless, investment in the order of millions is planned for this and for the coming years. Nor will there be any skimping on development and production. The hde management has also concluded a long-term deal with the efficiency specialist Tadanori Mizoguchi, who has already optimised the working procedures at Porsche with such spectacular results.

Source: hde Solutions GmbH, Menden


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