FIELDS Group expands team
06/06/2023
Luca Bendig will join the FIELDS team this summer for an internship. Luca is currently studying both Global Economics and Management and Integrated Social and Cognitive Psychology at Jacobs University....
Posted on: 22-07-2016
Back to overviewFIELDS Group announces that it has sold Maehler & Kaege to Reflex & Allen, an industrial company focusing on pneumatics, electronics, fluid power and safety devices for commercial vehicles.
Maehler & Kaege, has a history of more than 100 years as a high-quality producer of coils, electrical connectors and wire & cable harnessing for heavy commercial vehicles, military & special vehicles. Reflex & Allen was founded in 1988 and consists of four product divisions: Pneumatic, Electrical, Fluid Power and Safety Devices.
FIELDS Group and Company management have worked hand-in-hand the last years to further develop and improve the business of Maehler & Kaege. During a period of three years, the Company has further invested in and optimized its production facilities & capabilities for heavy duty electrical connections. Additionally, cost improvements were made and its market position has been further developed.
Based on these structural improvements and the premium German brand Maehler & Kaege, Reflex & Allen through this acquisition strengthens its market position and plays a leading role in further market consolidation.
FIELDS Group is a renowned industrial holding with offices in Amsterdam and Munich. Participating in and further
developing companies with potential. That is what FIELDS stands for. With its in-house operational taskforce FIELDS is
directly involved with the development of the group companies. FIELDS is long term oriented en thinks and acts like an
entrepreneur.
www.fields.nl
Contact for press:
Renzo Gibellini, Reflex & Allen: +39 059 79 2118, [email protected]
René van der Velden, FIELDS Group: +31 6 53435712, [email protected]