HellermannTyton concludes acquisition of the RELICON® brand
HellermannTyton, one of the world's leading providers of system solutions in the field of professional cable management products, announced today the conclusion of the acquisition of RELICON® as of 1 September.
With this acquisition, all RELICON® product lines, including the innovative cast resin and gel systems for reliable cable connections, will be fully integrated into the premium brand world of HellermannTyton.
"We are delighted that Mankiewicz chose us as the buyer of RELICON®," says Stephan Jungermann, Managing Director of HellermannTyton GmbH. The acquisition will further strengthen our market presence in Germany."
The acquisition confirms HellermannTyton's approach, consistently offering customers and partners optimum solutions for challenging applications. All RELICON® branded products can be ordered through HellermannTyton from 1 September on.
"We are delighted to have incorporated another premium brand in the form of RELICON® into our portfolio.” says Thomas Tyll, Head of Product Management EMEA at HellermannTyton. "As a result of the acquisition, both companies can guarantee consistent quality and innovation for all our customers in future."
Ralf Losen, Director at Mankiewicz, adds, "We are certain that in HellermannTyton we have found a buyer which will continue to develop the brand as we would wish."Overall, the goal of the product range of the RELICON® brand is to produce and protect sophisticated, customised cable connections that are durable and reliable.
Overall, the goal of the product range of the RELICON® brand is to produce and protect sophisticated, customised cable connections that are durable and reliable. Following the acquisition, a wider customer spectrum will now be able to benefit from the extended range of products from a single source.