BeA Acquires Karl M. Reich

Joh. Friedrich Behrens AG (BeA) has acquired Karl M. Reich Fastening Systems out of bankruptcy.
Karl M Reich formerly traded as Holz-Her and specialises in the supply of air, electric and battery powered nailers, staplers and screwdrivers. The company was already a supplier to BeA.
"The product portfolio of Karl M. Reich, formerly Holz-Her complements the existing range of the BeA Group excellently,” said Tobias Fischer-Zernin, board member of Joh. Friedrich Behrens AG. "Our ambition is to make as quick as possible an integration and to improve its (KMR) efficiency, because we see not only a responsibility to our shareholders but especially to the customers and the market.”
“By integrating Karl M. Reich in the BeA Group there are very promising synergies in production processes, sales and logistics.”