Management buy-out at Hertwich Engineering

Hertwich Engineering GmbH is now taking its own path into the future. The manufacturer and developer of aluminum casting technologies has been taken over by its management team through a buy-out from SMS group.

Hertwich Engineering GmbH is being acquired by the management team consisting of Gerold Keune (CEO), Jürgen Doblhofer (COO), Hubert Mayringer (Director Engineering), and Ludwig Manhartseder (Director Electrical & Automation) as part of a management buy-out. This will see 100 percent of the company transferred from SMS group to its new owners. The transaction was formally completed on December 16, 2024.

“We are proud of our customers’ high satisfaction with Hertwich’s leading melting, casting and homogenizing plants and technology, which is currently reflected in our record order backlog. As an independent company, we plan to significantly increase our investments in capacity expansions and product innovations in the future, aimed at better supporting growth and technological progress in the aluminum industry. Going forward, we intend to continue working with SMS group on important projects to promote a carbon-neutral aluminum industry,” says Gerold Keune. “The decisive factor that made the management takeover of Hertwich Engineering possible in the first place is the many years of trusting relationships with our business partners, for which I would like to express my sincere thanks at this point.”

Since 1993, Hertwich Engineering has been part of SMS group, a world leader in plants, equipment, and services for the metals industry. Hertwich has around 200 employees. The company has locations in Braunau am Inn and Weng im Innkreis in Upper Austria.

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