As from 1 January 2023, MIPA will take over the business of the company Warnecke & Böhm GmbH and maintain the brand WB Coatings. The product range and customer relations of Warnecke & Böhm will be organised primarily by Feycolor GmbH in Regensburg/Germany, which belongs to the Mipa Group.
The manufacturing of the products will, however, be carried out in cooperation with the various Mipa production sites depending on the product group. "The traditional WB Coatings brand will definitely be retained after the takeover," emphasised Mr Markus Fritzsche, Managing Director of MIPA SE. "Customers will be offered the usual product range and will continue to receive support from a specialised industrial coatings manufacturer in Bavaria." Marcus Preußner, Managing Director of WB Coatings, is also certain that he has made the right decision in handing over the business to the Mipa Group. "The sale of Warnecke & Böhm GmbH to MIPA SE is a strategically important step in aligning the brand WB Coatings for the future. The long-standing, very successful cooperation with MIPA will also ensure a smooth transition."
Following the death of the former owner after a short illness in June 2022, Warnecke & Böhm GmbH was passed on to a foundation which, however, has no interest in continuing this business. The site in Schliersee will be used for other purposes in the medium term and therefore is not part of the takeover by the Mipa Group either. The 40 employees of WB Coatings will be offered jobs at other sites of the Mipa Group. The objective of Warnecke & Böhm and MIPA is to keep the negative impact on the staff at the Schliersee site as low as possible. Preparations for the takeover at the end of the year are already underway and will be implemented step by step.
For several years, the Mipa Group already produced most of the products that Warnecke & Böhm distributed in Germany and neighbouring countries. Warnecke & Böhm's customers are primarily industrial users operating in the fields of mechanical engineering and plant construction, medical technology, glass coating, audio technology and metal housing, as well as users of special solutions for the automotive industry. The acquisition of the business of WB Coatings means a larger customer base and product portfolio in the field of industrial coatings, where numerous synergies with existing Mipa products can be successfully exploited.
As a result of the takeover, MIPA SE is ensuring the continued existence of the WB Coatings brand and the business activities of Warnecke & Böhm in Bavaria as well as the continued supply of customers with the usual material.
