Gampern, Austria – XeelTech, a leading force in the haptics industry, proudly announces a significant transition in its ownership structure. After thoughtful consideration and constructive dialogue, Inventus Development GmbH has transferred its 50 percent ownership stake in XeelTech to the STIWA Group, signifying a new chapter of growth and opportunity for our organization.
This strategic move underscores the commitment of both Inventus Development and STIWA Group to the ongoing success of XeelTech. While we bid a fond farewell to the Inventus team, we express our deepest appreciation for their unwavering support, expertise, and collaboration throughout our partnership. Their contributions have been instrumental in shaping XeelTech into the thriving company it is today, and we extend our warmest wishes for their future endeavors.
With STIWA Group assuming full ownership, we are poised to accelerate our momentum and drive even greater value for our customers, suppliers, and partners. We want to assure our valued customers and suppliers that our commitment to excellence remains unchanged. There will be no disruptions to our ongoing business arrangements, and we will continue to fulfill our obligations with the same level of professionalism and dedication.
“We are excited about the possibilities that lie ahead for XeelTech,” remarked Philipp Sachs, COO of XeelTech. “With the continued support and leadership of STIWA Group, the Sticht Family, and all colleagues at STIWA Advanced Products, we are confident in our ability to deliver even more innovative solutions to our customers and partners around the globe.”
As we navigate this transition, XeelTech remains steadfast in our commitment to integrity, excellence, and customer satisfaction. We are dedicated to fostering open communication and collaboration with all our stakeholders as we embark on this journey of growth and transformation together.
For media inquiries or further information, please contact:
Daniel Panek
Head of Marketing & Communication
XeelTech GmbH
Daniel.panek@xeeltech.com
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Salzburger Str. 52
4800 Attnang-Puchheim
Austria
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