Scholz Industries announces major restructure
Scholz Industries has announced it is instigating a major restructure in order to streamline its operations and present an integrated offering to the market.
As part of this restructure, Scholz Industries has sold its HVAC (Air Additions and Ray-flow), test tag (MM & S) and Redback Ladders divisions to Auralec. These divisions will continue to be overseen by chief executive Andrew Hartley.
Scholz Industries chairman Erik Scholz says the restructure will enable Scholz Industries to concentrate its focus on driving its foundation business of energy efficiency and exploiting its significant presence in the lighting and projects sectors.
“Both organisations will work together to ensure a seamless transition without disruption,” says Erik.