SMS Elotherm Takes Over Heating Technology Specialist I.A.S.
02/26/2013 - SMS Elotherm, a company of the SMS Meer business area, has acquired the heating technology specialist I.A.S. With 100 employees in Germany and China, the company is a world leader in the field of induction heating and melting technology.
SMS Elotherm, a company of the SMS Meer business area, has acquired the heating technology specialist I.A.S. With 100 employees in Germany and China, the company is a world leader in the field of induction heating and melting technology.
"I.A.S. is an ideal complement to our product spectrum," says Elotherm CEO, Dr. Andreas Seitzer. "We can now offer our customers both induction heating systems for isothermal extrusion and the corresponding systems for melting, as well as the traditional spectrum offered by Elotherm with systems for induction hardening, heating and welding."
I.A.S. will continue the business under its own name. The board of management will consist of I.A.S. technical director, Stefan Beer, and SMS Elotherm commercial director, Martin Schulteis.