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Blanco reshuffles fabrication firm ownership

EGO
Dr Johannes Haupt, CEO of Blanc & Fischer Familienholding believes the direct ownership of Kugel will give the fabricator a further competitive advantage. (Photo by Matthias Hangst/Getty Images for EGO)

The Blanco Professional Group has restructured the ownership of fabricator Kugel Edelstahlverarbeitung, based in Viechtach, Germany.

The stainless steel product constructor had been operating as a Blanco Professional subsidiary under the umbrella of the superordinate Blanc & Fischer family holding company since 2012. Now Blanc & Fisher has taken over direct ownership of Kugel.

The new ownership structure is intended to open up new growth and market opportunities for the stainless steel specialist.

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Kugel, founded in 1954, has developed its industrial manufacturing capabilities under Blanco Professional ownership. The specialist for complex and tailor-made stainless steel solutions serves four business units comprising railway, catering, industrial, medical, and is now a major provider of galley kitchens in trains. Its project portfolio includes onboard restaurants and bistros for the Eurostar, the Railjet of the Austrian Federal Railway, the ICE of the Deutsche Bahn and the Intercity Express Programme from Hitachi in England.

Dr. Johannes Haupt, CEO of Blanc & Fischer Familienholding, explained: “With the purchase by Blanc & Fischer Familienholding, Kugel now has a direct connection to the group management and can differentiate itself even more clearly from the competitive environment with its own business strategy.”

Blanco Professional is currently in the process of rebranding to B.PRO as part of plans to reposition the brand.

Tags : B.PROblancoblanco professionalFabricationfabricatorkugel
Clare Nicholls

The author Clare Nicholls

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