The Freudenberg Group finalised the sale of its Productions and FM business areas to Johnson Controls Global WorkPlace Solutions on 1 April 2009. The 260 employees from Freudenberg Produktionsservice (FPS) and Freudenberg Gebäudeservice (FGS) based in Weinheim and Neuenburg in southern Germany have joined Johnson Controls’ German operations.
Dr. Martin Stark, Member of the Freudenberg Management Board commenting on the transaction said, "In Johnson Controls, we have found an experienced investor with a long-term orientation. We share values such as integrity, innovation and customer orientation and both companies take health, safety and social commitment very seriously. Our corporate cultures are therefore very well matched. Prospects are very bright for associates and customers not only to feel comfortable with Johnson Controls but also to perform high-quality services."
"By acquiring qualified Freudenberg employees, we intend to extend our know-how in the industrial sector and to expand our regional presence in southern Germany. This will strengthen our market position in central Europe and open up new options for further growth in business with industrial customers," comments Stefan Wolter, Managing Director of Johnson Controls Global WorkPlace Solutions in Germany."
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