Fiege reinforces the LTi Group
Since the 1st of October 2009, we are part of the LTi Group, a leading specialist in the drive and automation technology fields.
Our customers often requested fully integrated solutions. They were not only asking for the delivery of our high-power spindle, they desired a complete solution. Employing our LTi Group partners, we have now enlarged our service portfolio considerably.
About the LTi Group:
Over a period of 35 years, the LTi Group (based in Lahnau) focuses on chosen market segments in high-tech fields such as medical technology. By joining forces with the Fiege KG (operating out of Roellbach), the LTi Group is now able to act as a full-service provider in the machine tool building business field.
The takeover of the control system supplier andron in January 2009 was the first step towards a strategic expansion the machine tool building business. The cooperation with the Heinz Fiege KG offers the Group the chance to not only integrate drive controllers, motors and control systems, the group can now add motor spindles to the enterprise service portfolio and thus offer a perfect complete system.
LTi CEO Dr. Wolfgang Lust: "The location Roellbach will be the future strategic point of origin for the mechanical competence in the machine tool business field and will be expanded in the course of the cooperation.”
Mathias Fiege, CEO of Fiege KG: “Our declared and common goal is to make optimum use of the chances offered by medium-sized businesses requiring demanding and individual special solutions in the high tech field." In the future, both Mathias Fiege and Berthold Fiege will continue to control the company's destiny and will expand it together with LTi.