Handtmann Group Sells A-Punkt Automation to Managing Director

The five-axis machining center manufacturer will focus on its core business going forward.

The Handtmann Group of Companies has sold Handtmann A-Punkt Automation GmbH and the foreign companies belonging to the division in the U.S., Russia and China to the current managing director, Armin Walther, within the framework of a management buyout.

The sale, Handtmann says, was premised on trust in Mr. Walther and his convincing presentation for future orientation focusing on the core business. The company has manufactured five-axis HSC/HPC machining centers for almost 30 years and will continue to produce these machines in its Baienfurt, Germany, plant.

Due to the separation from the Handtmann Group of Companies, the idea is that A-Punkt Automation will be able to operate with more agility than before, in an intensively competitive and dynamic environment.

“With the sale, we would like to give the company the opportunity to start on the path to a successful future, thus securing jobs in the long term. A-Punkt Automation GmbH has a sound operational and economic basis to enable it to face the challenges ahead. The Handtmann family and the Handtmann Group of companies wish Armin Walther and his team all the best and every success,” says Thomas Handtmann, managing director of Albert Handtmann Holding GmbH & Co. KG.

Mr. Walther joined the company in April 2017 and became managing director of Handtmann A-Punkt Automation in June. For 20 years, he has worked in managerial roles for global companies in the field of surface finishing and machine tools. He brings many years of experience in the development and manufacture of complex production systems and capital goods, having established global customer relationships in a variety of industries and in the management and development of companies with international sites.