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Owners of the Swoboda Group become 100% shareholders of Hartmann-exact

In light of the departure of the previous fellow shareholder at Hartmann-exact, the owner families of the Swoboda Group are now 100% shareholders of Hartmann-exact. As a result, Hartmann-exact and Swoboda are 100% sister companies. Hartmann-exact was purchased 13 years ago jointly with the fellow shareholder that has now withdrawn.

Hartmann-exact specializes in the development and manufacture of sensors and microswitches and supplies leading carmakers, primarily in Europe. Key product areas include level sensors, transmission sensors, seat-position sensors and airbag deactivation switches. The company has a workforce of around 600 employees in locations in Schorndorf near Stuttgart, Germany, and in Sibiu, Romania. An additional location is under development in China.

Michael Follmann, CEO of the Swoboda Group, remarked: “Swoboda and Hartmann-exact complement one another perfectly. Swoboda, the production specialist, supplies system suppliers, while at Hartmann-exact, the development supplier, the focus is on the carmakers.”

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