Tognum Group acquires Katolight
Tognum GmbH, Friedrichshafen, Germany, announced the acquisition of Katolight Corp., a manufacturer of generator sets. Katolight is based in Mankato, Minn., and produces diesel and gas-powered engine generator sets for industrial and agricultural applications as well as for emergency power supply.
Tognum GmbH, Friedrichshafen, Germany, announced the acquisition of Katolight Corp., a manufacturer of generator sets. Katolight is based in Mankato, Minn., and produces diesel and gas-powered engine generator sets for industrial and agricultural applications as well as for emergency power supply, covering a power range of 15kW to 3,250
“With the acquisition of Katolight, we have passed another milestone on our track to become a globally leading provider of decentralized power generators,” stated Volker Heuer, CEO of Tognum. “Katolight is a perfect element in our growth strategy, because it is a well-positioned brand and an excellent supplement to our product range in the important and further growing North American market. Another crucial factor is that Katolight gives us direct access to end-customers.”
Business relations have already existed between Tognum and Katolight for many years.
“We know the company very well and know that we have acquired a platform with great potential for the distribution of power generators, primarily based on our own engines,”
Katolight, a family owned business founded in 1952, was most recently owned by Kay R. Jacobson and managed for the past 21 years by her husband, Lyle G. Jacobson. “The main reason for the sale to Tognum was the fact that Katolight will be in the hands of a long-standing and reliable business associate”, Lyle G. Jacobson said. “It is also important to us that Tognum is taking over all of our workforce and will continue to operate under the Katolight name in Mankato."
The new company in the Tognum Group will play a key role in the Systems and Components division offering standardized power generators. Katolight will be operated as a brand for generator sets based on diesel engines. It complements the well-known Tognum brands MDE and CFC Solutions, which specialize in gas-engine generators and fuel-cell generators, respectively.
“We are excellently positioned in the marketplace with this trio of proven and future-oriented products for the constantly growing demand for local power generation,” stated Tognum executive vice president Christof von Branconi, who is responsible for the Systems and Components division. “It is becoming increasingly important to have electrical energy available quickly and reliably wherever it is needed,”
With immediate effect, Katolight will be managed by Armin Groeber as CEO, who until now has been responsible for the entire assembly of engines and main components at the core Tognum company MTU Friedrichshafen. Groeber already has over two years’ of business experience in the United States: he was Head of Operations for the North American region from 2002 until 2004. “I’m looking forward to returning to the United States,” Groeber said. “Taking full entrepreneurial responsibility for Katolight with its highly motivated team is a great opportunity to further develop the company and strengthen its market position.”