The acquisition will strengthen KANSAI HELIOS’ position in the railway and ACE coatings sectors.
The KANSAI HELIOS Group has recently announced that it has completed the acquisition of Westdeutsche Farben GmbH
(“wefa”), a German coatings manufacturer. The acquisition includes all assets, business activities, brands and employees and will set up the new group company KANSAI HELIOS Wefa, based in Essen.
“This acquisition is an important step in the growth strategy of the KANSAI HELIOS Group, which will strengthen its presence in Germany. The group will serve the market as a system supplier with the combined strength of two production units, each specialized in their respective areas: KANSAI HELIOS Germany GmbH in Buchholz-Mendt and the new company in Essen,” has declared Dietmar Jost, the executive director of the KANSAI HELIOS Group.
The acquisition will allow the company to strengthen its position within the European railway and ACE industry and other industrial coatings segments as well, thanks to wefa’s decades of experience with water-based coatings.
Robert Scramm, the owner of wefa, will also be one of the new managing directors of KANSAI HELIOS Wefa: “This step is a milestone in wefa´s almost 100-year history. Founded as a family company, the brand has now made it into the ranks of the top European coating brands. As a new member of KANSAI HELIOS, we will benefit from additional experience and know-how within the group. This is a win for wefa and vice versa as our specialized coating formulations complete the new owner's product range and ensure the highest product quality for a wide range of applications, especially for the railway industry.”