Härkingen/Switzerland, 2017/01/16 – The Swiss RONAL GROUP, one of the world’s leading producers of light alloy wheels for cars and commercial vehicles, acquired the Italian firm APP-Tech Srl. at the end of December 2016. The company with its headquarters and production close to Padua (Northern Italy) manufactures high-quality forged wheels for premium automotive brands, high end aftermarket suppliers, tuners and motorsport teams.
RONAL GROUP has acquired APP-Tech due to the growing customer demand in the field of forged wheels. The Italian company specializes in the manufacturing of forged wheels and includes many well-known automobile manufacturers among its customers. APP-Tech continues to be run as an independent company under the management of Francesca De Boni. All staff will remain in employment.
With the company Fullchamp in Taiwan, RONAL GROUP already has expertise and forging capacities in Asia. Forging technology also offers potential for weight reduction in addition to new design versions. With the acquisition of APP-Tech, the Swiss company can expand its product portfolio for car wheels and augment its capacity in this field.
“The acquisition of APP-Tech is an important milestone for us, as it allows us to increase our share of the growing forged wheel market. We see ourselves in an ideal position for the future, because we can offer our customers high-quality wheels for cars in the casting and forging process”, said Yvo Schnarrenberger, CEO of the RONAL GROUP.
For more information:
www.ronalgroup.com
www.apptech-forgedwheels.com