The long history of the H\u00fcttemann Group goes back to 1891, when Josef H\u00fcttemann founded the business in Olsberg, North Rhine-Westphalia. Since then, the H\u00fcttemann Group, which specializes in wood as a raw material, spent over 125 years in family ownership. In 2018, the year of the successor transaction that was successfully completed with the assistance of Syntra (formerly sonntag), the group employed around 250 people and generated sales revenues of about EUR 65 million across the \u201cTimber Structure Service”, \u201cConstruction\u201d and \u201cPremium Wood\u201d segments. In addition to the headquarters in Olsberg, the company operated an additional, ultra-modern production site in the town of Wismar, in the Mecklenburg region.<\/p>\n
With the Mayr-Melnhof Timber Group from the Austrian region of Styria, Syntra (formerly sonntag) identified a professional buyer that has fully integrated the traditional German business by adding value. As a result of the takeover in the field of glued-laminated timber, Mayr-Melnhof has therefore directly grown to become Number 1 in Europe. The receiving group enjoyed an ideal market position here even before the takeover and generated total sales revenues of EUR\u00a0550 million in fiscal year 2017 in the Sawn Timber and Finishing divisions. In the wake of this transaction, the group was able to record a sharp increase, to the benefit of all stakeholders.<\/p>\n
\u00a0\u201cWith the Mayr-Melnhof Group we have found the right partner for our company\u2019s succession plan. The group [\u2026] will strategically develop the H\u00fcttemann Group to the benefit of our customers and employees.\u201d<\/p><\/blockquote>\n
Regina H\u00fcttemann and Mathias Herbst-H\u00fcttemann<\/strong><\/p>\n
Owners of H\u00fcttemann Holz GmbH & Co. KG<\/p>\n","protected":false},"excerpt":{"rendered":"
In 2018, H\u00fcttemann Holz Gruppe in Olsberg, North Rhine-Westphalia, had a company history stretching back over 125 years. At the time, the owners turned to the M&A experts from Syntra (formerly sonntag) for their succession plan. It was a good move: Today, the proud business with a long tradition belongs to the Styrian Mayr-Melnhof Holz Group. Since the acquisition, this company is Number 1 for glued-laminated timber in Europe.<\/p>\n","protected":false},"author":4,"featured_media":2326,"template":"","meta":{"_acf_changed":false,"footnotes":"","_members_access_role":[],"_members_access_error":""},"into_industry":[],"into_reference_type":[63],"class_list":["post-2688","into_references","type-into_references","status-publish","has-post-thumbnail","hentry","into_reference_type-standard-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/syntracf.com\/en\/wp-json\/wp\/v2\/into_references\/2688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/syntracf.com\/en\/wp-json\/wp\/v2\/into_references"}],"about":[{"href":"https:\/\/syntracf.com\/en\/wp-json\/wp\/v2\/types\/into_references"}],"author":[{"embeddable":true,"href":"https:\/\/syntracf.com\/en\/wp-json\/wp\/v2\/users\/4"}],"version-history":[{"count":0,"href":"https:\/\/syntracf.com\/en\/wp-json\/wp\/v2\/into_references\/2688\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/syntracf.com\/en\/wp-json\/wp\/v2\/media\/2326"}],"wp:attachment":[{"href":"https:\/\/syntracf.com\/en\/wp-json\/wp\/v2\/media?parent=2688"}],"wp:term":[{"taxonomy":"into_industry","embeddable":true,"href":"https:\/\/syntracf.com\/en\/wp-json\/wp\/v2\/into_industry?post=2688"},{"taxonomy":"into_reference_type","embeddable":true,"href":"https:\/\/syntracf.com\/en\/wp-json\/wp\/v2\/into_reference_type?post=2688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}