8.1.2024
Since the beginning of the new year, Reischauer GmbH, headquartered in Idar- Oberstein, has been part of the Heimerle + Meule Group, which represents the precious metal processing business division in the Lübeck-based Possehl Group. To accomplish this, Heimerle + Meule GmbH, Pforzheim, acquired all the shares in Reischauer GmbH.
‘We are pleased to welcome Reischauer GmbH to the Heimerle + Meule Group. The company is a perfect fit for us and at the same time enables us to further expand our value chain in precious metals processing and offer our customers a complete product and service package from the recycling of waste materials to finished coins and medals. We look forward to the exciting growth opportunities that Reischauer GmbH offers our group with great confidence,’ says Thomas Frey, CEO of the Heimerle + Meule Group.
Reischauer GmbH was founded in 1913 in Idar-Oberstein and initially supplied semi-finished goods and products made of precious metals to the jewellery processing companies in Idar-Oberstein over many decades.
In the 1980s, medals made of gold and silver materials were first minted and since the beginning of this century, business activities in the coin industry have been built up and continuously expanded. For around twelve years, Reischauer GmbH has been working exclusively for the coin industry, producing the highest quality blanks and mintings made of precious metal and copper materials. These days, the long-standing company from Idar- Oberstein is known and appreciated in the coin industry for its mintings with high and medium-high reliefs as well as for profiled minting blanks.
‘I am very proud of what the team at Reischauer GmbH has achieved since its foundation and look forward to a successful future together within the Heimerle + Meule Group. The latter is acquiring a company with high production capacities in the area of coin and medal minting as well as product and technology know-how that is unique in the industry. At the same time, Reischauer will benefit greatly from the upstream and downstream services provided by the Heimerle + Meule Group, its internationality, the existing network and the high level of sales competence within the group of companies,’ says Dr Gerd Wagner, who will continue to be responsible for the management and direct operations at Reischauer.
With the acquisition of Reischauer GmbH, the Heimerle + Meule Group is consistently strengthening its already strong position in the European precious metals market. In the previous year, Heimerle + Meule was already able to substantially expand its expertise in precious metal coins and medals by acquiring a majority stake in the Commonwealth Mint in the UK.
About Heimerle + Meule GmbH
Founded in 1845 as a classic gold and silver refinery in the gold town of Pforzheim, Heimerle + Meule GmbH has developed into a full-service provider in precious metal processing. The company has been part of the Lübeck-based Possehl Group since 1960. The products and services provided by Heimerle + Meule are used today in the jewellery and watch industry, in various technical industries and in the dental sector, as well as enjoying international in demand as investment products.
www.heimerle-meule.com
About the Heimerle + Meule Group
The Heimerle + Meule Group is a leading consortium of internationally operating companies and currently employs more than 1,300 people at locations in 7 European countries. The precious metals group consists of Heimerle + Meule GmbH, headquartered in Germany with a branch in Austria, as well as the subsidiaries Cooksongold, Weston Beamor, Gecko, The Commonwealth Mint and Techgrave in Great Britain, Cookson-CLAL in France, Drijfhout in the Netherlands, SEMPSA JP in Spain and Koutadly in Portugal. All over the world, the skilled teams in all business areas stand for the company’s typical high quality standard and for comprehensive expertise in precious metals.
www.heimerle-meule.com
About Possehl
The Possehl Group, which operates worldwide under the management holding company L. Possehl & Co. mbH, is a diversified group with currently ten economically independent, decentralised business divisions. The Possehl Group comprises L. Possehl & Co. mbH and more than 200 subsidiaries in over 30 countries. According to preliminary data, the Group generated sales of EUR 5.6 billion in the 2023 financial year. Possehl currently employs more than 13,000 people worldwide. The company was founded by Ludwig Possehl in Lübeck in 1847 as a place where iron goods were traded. Since 1919 the non-profit Possehl Foundation has been the sole shareholder. This corporate structure enables the Possehl Group to operate independently and forms the basis for long-term business decisions.
https://www.possehl.de
Further information about Reischauer GmbH can be found at:
http://www.reischauer.de
Contact
Heimerle + Meule GmbH
Marketing
Dennigstraße 16
75179 Pforzheim
Telephone: +49 7231 940 2563
Email: marketing@heimerle-meule.com
