Mogatec GmbH and STIHL belong together – now officially as well. After almost 30 years of trusting partnership, the family-owned company STIHL has acquired a majority stake of 75.1 percent in Mogatec GmbH, a garden technology specialist based in Drebach. In the coming years, STIHL will gradually take over the remaining Mogatec shares.
Dr. Nikolas Stihl, STIHL Advisory Board and Supervisory Board Chairman, emphasizes, "With an experienced specialist like Mogatec, STIHL is expanding its development and manufacturing competencies, especially in the growth market of batteries."
Martin Schwarz, STIHL Board Member for Production and Materials Management, adds, "The fact that Mogatec's employees are now officially part of the STIHL family is a logical development of our close partnership. With this step, we are strengthening the international STIHL production network and laying an important foundation for further growth, including in Saxony. I look forward to the continued journey together of STIHL and Mogatec."
Finally, Alexander Gränitz, Managing Director of Mogatec GmbH, added: "We are also delighted to be a part of the STIHL family now. We would like to extend a very warm "Thank You" to our great employees who have made Mogatec very successful over many years. We are looking forward to the new tasks."