Mipa Group takes over WB Coatings
The products are to be manufactured in cooperation between the various Mipa production sites depending on the product range. “The traditional WB Coatings brand is to be retained in any case even after the takeover,” emphasises Markus Fritzsche, CEO of Mipa SE. “This means that the relevant clientele will still be offered the familiar range of products and at the same time the support provided by a specialised industrial coatings company in Germany’s Bavaria region will remain.” 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 towards aligning the WB Coatings brand for the future. The long-standing, very successful cooperation with Mipa will also ensure a smooth transition.”
Preparations for the takeover are already underway
Following the death of the former owner after a short serious illness in June 2022, Warnecke & Böhm GmbH was inherited by a foundation, which, however, has no interest in continuing a commercial operation. The Schliersee site will be used for other purposes in the medium term, so it is not part of the takeover by the Mipa Group either. The 40 employees of WB Coatings will be offered jobs at locations of the Mipa Group. The common goal 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.
Warnecke & Böhm distributes its products, which have already been produced predominantly in the Mipa Group for several years, in Germany and neighbouring countries. Above all, industrial consumers in the fields of glass painting, users of special solutions for the automotive industry, machine and plant construction, medical technology as well as audio technology and metal enclosures as well as are customers of Warnecke & Böhm. The acquisition of WB Coatings’ business means a further addition to the Mipa Group’s customer base and product portfolio in the field of industrial coatings, whereby numerous synergies with existing Mipa products can also be successfully utilised.