Wieland acquires all shares in ATEM NV in Belgium
As part of its strategic expansion, Wieland Electric GmbH, provider of electrical connectivity and electronics solutions, is acquiring all the shares in ATEM NV in Willebroek, Belgium, with effect from January 1, 2013.
Wieland products have been very well established and extremely popular in Belgium for many years now through ATEM NV’s operations within building and industrial automation.
Wieland previously had a 50 % stake in ATEM NV and is now acquiring all the shares as sole holder. Following the recent foundation of the subsidiary in Denmark, this represents the next logical step in Wieland’s expansion strategy.
Customers will still have access to their trusted contacts and to the existing extensive range of products.
The sales team under Gunther van Duyse as Managing Director will be expanded to enhance customer service and solutions expertise for customers in Belgium and Luxembourg.
The excellent logistical location in Belgium, with Wieland geographically sited between Brussels and Antwerp, offers additional customer benefits.