theramer and Oltek sign cooperation agreement

Schwelm, Germany 18th May 2009 - theramer, the German refractory specialist for the steel industry, has signed a new cooperation agreement with Oltek, an Italian company specialized in measuring instruments, sensors and probes for analyzing temperature and chemical compositions of molten metals. Oltek has entered this agreement with theramer, a company of the Viktoria Garten Huettenindustriebedarf VGH Group, to not only follow but also to speed up its expansion strategy into further European countries, alongside the company’s strong existing customer base in Italy, North Africa and Eastern Europe.

Oltek welcomes the new opportunities that it can seize with theramer as a new partner, seeing theramer, in connection with its mother company VGH, in a strong position to boost the awareness of products in the new markets that Oltek wants to address with its price-competitive product range.

The partnership with Oltek has only just commenced, but Thorsten Schmitz, Managing Director of theramer GmbH, can report on positive response from the market: “We already have had good reception from our contacts in various steel plants. We’re certain that we can successfully introduce these products into the market and in doing so increase the synergy which our company offers.”

From Oltek’s wide product range of products, theramer will initially be focussing on the extensive selection of thermocouples, oxygen probes and samplers.

Oltek and theramer are already working on further plans to intensify the relationship and streamline logistics.

For further information: www.theramer.com or www.oltekspa.com