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Press release: Hattingen 07.10.2019

Halbach & Braun takes over mining products of Wollbrecht TIG mbH

the companies Halbach & Braun Maschinenfabrik GmbH & Co. (HB) and Wollbrecht Technische Innovationsgesellschaft mbH (TIG) have agreed on a takeover of TIG's mining products by HB.

TIG was active in the mining industry for more than 50 years. In the process, outstanding competence in the field of safe chain tensioning was developed, which was reflected in market leadership in the German hard coal mining industry. With the acquisition of TIG's mining products, HB further rounds off its product portfolio in the field of chain fixing devices, a key component of chain scraper conveyor technology. TIG withdraws completely from the mining industry. In future, all products of the TIG mining division will be available exclusively through HB.

The HB group was founded in 1920 and is currently run by the Braun family for the third generation. HB is an international company which develops, manufactures and sells different machines for the bulk handling and underground mining industry, with a focus on conveyor technology. Since 2010, the company headquarters in Hattingen at the former Henrichs-Hütte site.
 
 
 
 
Press release: Hattingen, 04.04.2019

New home market for German mining supplier 
Chinese mining company becomes co-partner of Halbach & Braun

The shareholders of Halbach & Braun Maschinenfabrik GmbH & Co. (HB) have signed an agreement with Chinese mining group Yangquan Coal Industry Group Co., Ltd. (YQ). In this way, HB secures a large home market for its products and YQ gains access to German mining know-how and state-of-the-art mining equipment. To ensure ongoing business operations, the two managing partners have been provided with long-term management service contracts.
YQ is one of the 500 largest companies in the world with a turnover of 23.8 billion dollars. With about 50 of its own coal mines, YQ is one of the largest mining companies in Shanxi Province. In an effort to counter rising costs in the coal industry, YQ has decided to invest in a comprehensive modernization of its own mines. The main element of this modernization is the company HB. HB is characterized by modern, innovative and efficient products and is a figurehead of the German mining supply industry. The YQ Group aims to leverage the expertise of its employees and the company's enthusiasm for innovation to build a world-leading technology center for the mining industry in Hattingen. This technology center is responsible for the optimization and development of all mining products for YQ. High product quality is indispensable and will continue to require the production of sophisticated components in Germany in the future. In addition, it is expected that HB outside of China will be the face of the YQ Group and distribute all its products worldwide.
In this way, HB secures a new home market, which alone can ensure full utilization of the company. At the beginning of the year, the YQ Group demonstrates this by ordering three longwall conveyor systems. Currently, three more systems are being negotiated. HB is aiming for one of the best business years in recent company history. In order to be able to cope with the large volume of orders on a permanent basis and to meet the high demands of the new shareholder, HB's management has announced that it will hire new employees in all areas.
The HB Group was founded in 1920 and is currently run by the Braun family for the third generation. HB is an international company that develops, produces and sells various machines for the bulk handling and underground mining. Since 2010, the company headquarters in Hattingen at the former Henrichs-Hütte site. 

 

 

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