PRO.EFF Group in Minden under new management
Wuppertal, 04. April 2023
The Wuppertal-based MIB Industriebeteiligungen GmbH & Co. KG takes over the internationally operating PRO.EFF GmbH, an innovative company in the field of special machine construction, from the founder and long-time managing director Ulrich Pumpe. The PRO.EFF Group develops and produces test benches, machines for cable twisting, assembly and end processing, machines for grommet and tube assembly as well as chip carrier systems.
Pro.EFF was founded in 1989 by Ulrich Pumpe and other persons, who over the years transferred their shares to Ulrich Pumpe, who from then on managed the company alone. Since a succession within his family was not possible, Ulrich Pumpe decided to sell the company to a long-term oriented investor. The retiring owner and managing director Ulrich Pumpe comments on the sale: “In the more than 30 years I have been working for the company, I have established it as an innovative problem solver for industry. We have a unique team – both professionally and personally – that stands for these topics. In MIB, we have found a long-term partner who will support us in the coming years in developing the company further and opening up to industries that are not yet part of our customer base. If I were 10 to 15 years younger, I would very much want to be a part of this new partnership.”
New successor
With the entry of MIB as a new shareholder, Cord Rodenberg also takes up his position at PRO.EFF as successor to Ulrich Pumpe. The successor has many years of experience in internationally active automation technology companies. He was selected jointly by MIB and Ulrich Pumpe in a structured process. Cord Rodenberg on his new task: “As Mr. Pumpe’s successor, I am pleased to be able to continue the successful path of PRO.EFF together with the employees and MIB. I am convinced that the market for PRO.EFF’s products will develop positively as a result of further increasing electrification and data transmission”.
Portfolio expansion
With the acquisition of the PRO.EFF Group, MIB expands its portfolio with an internationally recognized specialist in the field of manufacturing and assembly automation as well as test and measurement technology. “Especially in times of increasing shortage of skilled workers, the products of the PRO.EFF Group are an investment in the future viability of companies. PRO.EFF’s distinctive innovative strength is a fantastic team effort that is lived out across all levels, from the company’s top management to its trainees. The long-standing customers of PRO.EFF. appreciate the distinctive problem-solving competence and the high reliability of the plants, which are in operation worldwide”, say the two managing directors of MIB, Robert Spartmann and Christoph Borges.
About PRO.EFF
PRO.EFF GmbH, founded in 1989, is a medium-sized special machine builder based in Minden, which is characterized by its high innovative strength and strong customer orientation. At the Minden site, around 35 qualified people develop and build special systems that offer customized solutions for electrical and electronic components. Since 1999, a sales and service company has been established in El Paso (USA), which handles a considerable share of sales in North and South America. Renowned customers in the automotive industry are served with technically sophisticated systems via a worldwide sales network.
The company’s sales are in the high single-digit million euro range. Further details under:
