Duotec Group Acquires Majority of Shares in ML&S Manufacturing, Logistics and Services GmbH
The duotec group has acquired the majority of shares in ml&s manufacturing, logistics and services GmbH (ml&s). ml&s has its headquarters in Greifswald and with more than 500 employees is one of the Top15 electronic manufacturing companies (EMS) in Germany.
Phillipp Mirliauntas, Managing Director and Chief Sales Officer of the duotec group, explains: “With the acquisition of the ml&s shares we have set the course for a strategic and future-oriented development of the duotec group. Due to the continuing growth in demand for electronics, we need additional production capacity, which will be available to us in the future with the support of ml&s”. The merger of the two companies is a further component of the realignment of the duotec group.
Dr. Karl J. Werner, Managing Director of HN Holding GmbH and long-standing majority shareholder of ml&s, expressly welcomes the merger of the two companies. Udo Possin and Bernd Odoj will continue in their function as managing directors of ml&s. Since ml&s will be the important pillar of the worldwide production network in the future, both gentlemen will also take over central tasks in the duotec group.
Christophe Schild, Chief Financial Officer of the duotec group, emphasizes that the location Greifswald is to be further expanded and thus new impulses arise for the city of Greifswald as well as for the region Vorpommern.
Udo Possin is convinced: “Together with the duotec group the way for a strategic expansion will be paved and the competitiveness of the group will be strengthened sustainably. We are thus optimally positioned for the expected changes in the global EMS market”.
“The duotec group and ml&s complement each other perfectly. By combining the manufacturing and logistics know-how of ml&s with the innovative power and market access of the duotec group, we can offer our customers an optimal and sustainable range of services and products”, says Bernd Odoj.
The shareholders emphasize that the focus is on business continuity: “In the interest of our customers, we look forward to continued successful cooperation with the ml&s team and our suppliers.
About duotec (Turck duotec)
The duotec group sees itself as an E²MS (Electronics Engineering and Manufacturing Services) service provider and ODM (Original Design Manufacturer). Founded in 1988, the group focuses on the development and production of customer-specific electronic solutions in the fields of medical technology, building automation and mobility. Core competencies in electronics production include SMD assembly, Chip-On-Board (COB) technology, thick-film hybrid technology and system assembly. The EMS service provider also has extensive expertise in electronics protection by means of painting, potting or coating. For sterile applications of medical devices, the company offers autoclavable overmoulding with biocompatible hotmelts, thermoplastics and thermosets. Turck duotec is certified according to ISO 9001, EN ISO 13485 and IATF16949.
The companies Turck duotec GmbH Halver, Beierfeld (Germany), Turck duotec S.A. Delémont (Switzerland), Turck duotec S DE RL DE CV (Mexico) and TSL Escha GmbH Halver (Germany) are part of the duotec group.
The manufacturing logistics & services GmbH & Co. KG (ml&s) is a technology/ production and logistics service provider for the electronics industry. The production and testing of printed circuit boards has a long tradition at the Greifswald site and is still ml&s’ core competence today. In addition, the range of services extends from the design of the assemblies, the configuration of complete systems and quality assurance to the shipping of the products and after-sales service. It manufactures high-quality electronic products for international customers in a wide range of industries, such as renewable energy, automotive, telecommunications, mechanical engineering and IT. The company’s own logistics center takes over the efficient control from the receipt of individual parts to the worldwide dispatch of the products. ml&s is certified according to ISO 9001, IATF16949 and ISO 14001 as well as ISO 17025.
With more than 500 employees and 25 trainees, the electronics specialist is one of the largest companies in the state of Mecklenburg-Vorpommern. The company has an industrial campus of around 100,000 m², which is operated as a private technology park in addition to its own use.