Happich GmbH plans to continue the current business model and keep most of the existing employees at Touratech-AG. The company also plans to retain the global importer network that represents the brand in some 45 countries.
In addition to financial support, Happich GmbH brings expertise in manufacturing and supply chain management. They will also contribute experienced management to ensure the company regains a healthy position to satisfy the growth in demand for its products.
Happich GmbH is based in Wuppertal, Germany and is a designer and manufacturer of products and components for commercial automotive and specialty vehicles. The company is owned by Pelzer Swiss Holding AG.