Neuhausen a.d.F.: Following the signing of a contract in mid-January 2012, sensor specialist and industrial networking provider Balluff is taking over High Resolution GmbH from Kirchheim am Neckar.
The specialist in magnetic displacement systems will be completely integrated into the Balluff Group, which - with 2,200 employees around the world - has just achieved an annual turnover of more than 300 million euros.
According to Balluff spokesman Michael Unger, the technical expertise of Balluff High Resolution will perfectly complement the company's existing technical knowledge in the field of displacement technology. The fusion of the two companies has bundled synergies and created extra momentum that can be used to further consolidate the company's position in the magnetic measuring system sector.
Michael Unger explains "We are looking forward to welcoming the employees of High Resolution to the fold. We are confident that their experience and skills will contribute to further growth." The Kirchheim location will be retained and will be developed into Balluff's competence centre for magnetisation.