LiSEC acquires Glastronic to expand used machine business
13th September 2016

LiSEC has acquired Glastronic, a part of the Jüllich Group, for an undisclosed sum.

Via the newly acquired company LiSEC will exclusively purchase used LiSEC machines, overhaul them according to the customers’ requirements and resell them. The company will keep its name Glastronic, however with the suffix ”Member of the LiSEC Group.“

Dr. Anita Panowitz who will manage the new company together with Bernhard Scheidl, said : ”For us, it was important to transact the business with used machinery via an independent enterprise. On the one hand we are thus able to be very fast and, on the other hand, the cost structure remains lean.“

Bernhard Scheidl, who will manage the purchasing, sales and engineering, said: ”Worldwide, LiSEC has a very large installed basis of plants and machines – the potential is therefore enormous. We will now proactively address the purchase and sale of used LiSEC machines and we are glad to have found a partner with Glastronic who is experienced in machines for the processing and machining of flat glass. The Glastronic employees are well-acquainted with LiSEC plants. The company was established in 1990 and many of the 29 employees have been with the company right from the beginning.“