OBO Bettermann, manufacturer of electrical and building installation systems, is taking over the cable routing systems business ("Cable Management") of the REHAU group as from 1 February 2020. The cartel office has given its approval for this acquisition. This was essential due to OBO Bettermann's market relevance.
For the family-run company OBO Bettermann - a leading manufacturer of installation systems for the electro-technical equipment of buildings and plants - the acquisition, including the production facilities, means sustainable expansion of their important cable routing systems product unit.
"With this acquisition, we are expanding our product range especially in important international growth markets. OBO is strengthening its core competence and market relevance," explains company head Ulrich Bettermann.
Both parties have agreed not to disclose any information about the purchase price.
For the family-run company OBO Bettermann - a leading manufacturer of installation systems for the electro-technical equipment of buildings and plants - the acquisition, including the production facilities, means sustainable expansion of their important cable routing systems product unit.
"With this acquisition, we are expanding our product range especially in important international growth markets. OBO is strengthening its core competence and market relevance," explains company head Ulrich Bettermann.
Both parties have agreed not to disclose any information about the purchase price.
