The Bundeskartellamt has approved the takeover

Menden. OBO Bettermann, manufacturer of electrical and building installation technology, is taking over the Cable Management division of the REHAU Group from 1 February 2020. The Federal Cartel Office has already approved the agreement. The anti-trust examination was necessary in view of OBO Bettermann's market relevance.

For the family-owned company OBO Bettermann, one of the leading manufacturers of installation systems for the electrotechnical equipment of buildings and systems, the purchase, including the production facilities, means the sustainable expansion of the important product unit cable routing systems.

"With this acquisition, we are expanding our product range, especially in important international growth markets. OBO is thereby strengthening its core competence and market significance", says company boss Ulrich Bettermann. Both sides have agreed not to disclose the purchase price.

16 October 2019

About OBO Bettermann

OBO Bettermann is present in over 60 countries worldwide. The product range comprises 30,000 items of electrical infrastructure, where systems are used for connections and fastenings, transients and lightning protection, cable support routes, fire protection, cable routing, installation devices and underfloor installations. The worldwide OBO team includes more than 4,200 colleagues. With its own factories, OBO is internationally active at eight production locations in Germany, Hungary, Russia, India, South Africa, USA, Great Britain and the Netherlands. The company generates an annual turnover of more than 600 million euros.