EN
The Hockenheim-based Reymann/RATEC Group of companies acquires a stake in Ettlingen-based HOWAL GmbH. The company will thus become part of the family-owned group of companies within Reymann Holding GmbH, which, in addition to Ratec GmbH and Reymann Technik GmbH, also includes MTK Magnet-Fabrik Solingen GmbH as well as sites in Spain and the USA.
Howal will continue to operate as an independent company in the market. The corporate presence, existing customer relations and specialised team will remain unchanged.
Initially, the management will be jointly undertaken by representatives of both companies. Decisions regarding the future development of the company and its product portfolio will be made in close consultation. Through this investment, two established partners in the precast concrete industry are combining their respective strengths. Howal has more than 50 years of experience in the development and manufacture of formwork solutions for precast concrete elements. The company is particularly well known for its stair moulds as well as solutions for columns, beams, block steps and custom geometries.
The Reymann/Ratec Group originated with Reymann Technik GmbH, founded by Wolfgang Reymann in Hockenheim in 1974. In 1994, this engineering office became Ratec GmbH, specialising in the development and production of formwork solutions for the manufacture of precast concrete elements. Today, the Group employs more than 110 people across four sites in Europe and North America. Products manufactured in Germany and the USA include magnetic formwork systems, room module and battery moulds as well as concrete pumps for customers worldwide.
The acquisition of a stake in Howal is intended to secure Howal’s long-term development and ensure the continued presence of its established brand. At the same time, this creates opportunities for closer collaboration in product devel-opment, production and market development.
Howal will benefit from the Group’s international sales network, gaining additional growth prospects in existing and new markets. The modern production facility in Hockenheim and Ratec’s high level of in-house manufacturing in sheetmetal processing offer further advantages for future development and manufacturing processes. For Ratec, the investment will primarily mean an expansion of its product portfolio and the strengthening of its engineering expertise in large-format formwork for stairs, columns, beams and other large-format structural elements.
Both companies share a common identity as family-owned medium-sized enterprises. Shared values such as reliability, customer focus, long-term thinking and a commitment to continuous innovation form the basis for further collaboration.
“Howal is an ideal complement to our existing portfolio and engineering expertise. At the same time, we are laying the groundwork to continue the company’s successful development over the long term and unlock new potential together,” explains Jörg Reymann, Managing Director of Reymann Holding GmbH.
Dr.-Ing. Hubert Holzapfel, Managing Director of Howal GmbH, adds: “With Ratec and the Reymann Group of companies, we have found a partner that shares our values as a family-owned company and supports Howal’s long-term development. For our customers and partners, continuity, reliability and technical expertise will remain the core principles guiding our actions.”
The investment will not result in any immediate changes for customers, business partners or ongoing projects. Existing agreements, orders and contacts will remain unchanged.