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Böwe Systec Acquires Majority Share in Optimus Sorters

Added on July 11th 2016

BÖWE SYSTEC GmbH, a company of the Lübeck-based Possehl Group, has acquired 70% of the shares in Optimus Sorters Holding B.V. based in Beuningen/The Netherlands.

Optimus Sorters is a medium-sized company specializing in designing, developing and manufacturing sorting and conveyor systems for the logistics and postal industry (see feature, Logistics Business, May 2016). Other key customer industries are retail, wholesale and e-commerce. Since its foundation in 2007, Optimus Sorter has grown continuously and profitably. Most recently, the company’s 25 employees generated annual sales of around 11 million Euros.

Joachim Koschier and Manfred Barwan, Managing Directors of BÖWE SYSTEC, comment on the majority acquisition: “Together with Optimus Sorters we have successfully realized a project in the postal and parcel market and came to the mutual conclusion that our businesses complement each other very well. We are particularly pleased about the fact that we have managed to join forces so quickly and harmoniously.” Dr. Joachim Brenk, Member of the Management Board of L. Possehl & Co. mbH, adds: “After a number of challenging years, acquiring Optimus Sorter is another positive signal for the future of BÖWE SYSTEC as well as for Augsburg as a business location.” Already last year, BÖWE SYSTEC was in a position to report the successful restructuring and realignment of the company, operating in the black again. For the current financial year 2016, the Management of BÖWE SYSTEC anticipates a further increase in sales and earnings.

The two founders and Managing Directors of Optimus Sorters, Jack de Bruijn and Albert Hendriks, who will continue holding 30% of the company’s shares as well as acting as Managing Directors, also consider the merger to yield great potential for future development: “Optimus Sorters operates in fast-growing global markets. As partners with BÖWE SYSTEC we will be able to realize further projects, especially in the postal and parcel market, in the future. Moreover, the cooperation offers excellent prospects for marketing our innovative systems and services worldwide. The merger clearly is a win-win situation for both companies.”  

About BÖWE SYSTEC
BÖWE SYSTEC GmbH, which is headquartered in Augsburg, is the leading European supplier of high-performance inserting, card logistics and card mailing, postal and sorting technologies as well as innovative software. The company is one of the world’s leading solution providers for modern print and mail processing centres, so-called mailrooms. Last year, the company generated revenues of 120 million Euros with a workforce of 900 employees worldwide. BÖWE SYSTEC GmbH has been a part of the Possehl Group since 2010, covering the document-management-systems business segment.
For further information about BÖWE SYSTEC please visit http://www.boewe-systec.com.

About Possehl
The Possehl Group, operating worldwide under the leadership of Management-Holding L. Possehl & Co. mbH, is a diversified corporate group currently comprising eight decentrally organised business segments that are economically independent of each other. In addition to L. Possehl & Co. mbH, the Possehl Group comprises more than 150 subsidiaries in more than 30 different countries. In the financial year 2015, the Group generated revenues of 3.5 billion Euro. Possehl currently employs around 12,000 people worldwide.
The company was founded in 1847 by Ludwig Possehl as a local hardware store in Lübeck. Since 1919, the non-profit Possehl Foundation has been the sole shareholder. This corporate structure enables the Possehl Group to operate independently and provides the basis for long-term entrepreneurial decisions.
For further information about Possehl please visit http://www.possehl.de.

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  • Proven simple technology
  • Modular design
  • Low cost solutions
  • Single point of contact
  • Worldwide service and maintenance
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