Edit Module

Deutz Sells Pipe Manufacturing Operation

Posted on November 26, 2012

Deutz AG said it has sold its pipe manufacturing operation at the Cologne-Deutz site, Germany, to T.ERRE Deutschland GmbH effective April 1, 2013. The the purchase price was not disclosed. Deutz and T.ERRE have signed a long-term supply agreement for pipes and conduits.

The pipe manufacturing site employs 88 people, for whom a continued employment - either with T.ERRE or in other parts of Deutz in Cologne - will be provided. T.ERRE will be manufacturing pipes at the Cologne-Deutz site until the end of 2014 and at the same time will set up a new production facility with growth prospects in the immediate vicinity.

Deutz said that outsourcing the pipe manufacturing business will bring significant efficiency improvements which are going to have a positive impact on the supply chain. The company also expects to benefit from innovations made by the partner T.ERRE.

Edit Module
Edit Module
Advertisement
Edit Module
Advertisement
Edit Module
Advertisement
Edit Module
ADVERTISEMENT