Schneider and Team Henrich & Krall to Complete Merger

More Images
FRONHAUSEN, Germany—Team Henrich & Krall GmbH (Team H&K), a member of the Schneider Group, will fully merge into Schneider GmbH & Co., effective Oct. 1, 2020. The full range of popular and proven products will continue to be available through Schneider, and existing customers will be fully supported, Schneider said in a statement. In July 2013, Schneider acquired the shares of the optical equipment manufacturer Team H&K, known for its proven automated solutions for deblocking, cleaning and tinting. Team H&K continued operation as an independent company.

After managing director Jurgen Krall left the company in 2019, the Team H&K operations have been restructured. In May 2020, the management board decided to merge Team H&K into the Schneider Group in order to move closer together and effectively combine the know-how and expertise of both parties, leveraging synergies. In addition, production efficiency will be streamlined.

As a consequence, the production site in Dreieich, Germany will be closed, effective Oct.1, 2020, and production will be moved to the Schneider locations in Fronhausen and Quotshausen, Germany. The joint team will work on new development projects and future-oriented products, Schneider said.