Alpine Metal Tech acquires IH TECH
As leading manufacturer of special machinery for the steel, railway, automotive and aerospace industries, Alpine Metal Tech from Upper Austria pursues a sustainable growth strategy to strengthen its global market position. The company, which is part of the MONTANA AEROSPACE Group, focuses on innovation, research and development, and also works continuously on enlarge its product portfolio and acquire specialized companies that supplement its business model. The specialized mechanical engineering company – IH TECH GmbH – from Lower Austria perfectly meets this profile.
IH Tech, which was founded in 1994, has from the very start focused its work on the construction and manufacture of individual specialized products for robotics, conveying technology and image processing. The company offers full-range solutions and is not only an innovation leader in the field of new machinery, but also in the optimization of existing plants with respect to quality assurance, automation and process optimization. The customers of IH Tech from Lower Austria include renowned manufacturers such as BMW, Audi, Opel, MAN, KTM, Grob and SKF, the food industry as well as plastics and steel processing companies.
The innovative specialty mechanical engineering company IH TECH, which finalized over 2,000 projects in the past 21 years, will be fully integrated into the Alpine Metal Tech Group including its 30 employees. The acquisition of IH TECH will enhance Alpine Metal Tech’sknow-how in automation and robotics, enabling the company to enter new industries with innovative special solutions in the future.
“This strategic acquisition will make it possible for us to further expand our horizontal diversification thereby strengthening the innovation and technology leadership of the entire MONTANA AEROSPACE Group,” stressed Christian Preslmayr, CEO of Alpine Metal Tech Group.
We welcome the new colleagues from IH TECH to the Alpine Metal TECH Group and MONTANA AEROSPACE.