MND & Bartholet's Cooperation Agreement Ends

The MND Group had already announced the termination of the cooperation agreement between the MND Group and Bartholet a few months ago. On December 13th of the current year, Bartholet and the MND Group will end their collaboration, which began five years ago.

As part of this collaboration, there is currently an ongoing project in France that has not yet been completed.

This follows High Technology Industries (HTI) Group has replacement the previous private equity fund CEDARLAKE Capital (which in turn acquired the shares from the private equity fund ARGOS Soditic 5 years ago) and thus becomes the majority owner and strategic partner of Bartholet.

The founding family from Flums  continue to be shareholders and Dipl. Ing. Roland Bartholet will continue to lead the company as Chairman of the Board and CEO with the current management. The Swiss company, which currently employs around 450 people, will continue to operate under the name "Bartholet" and as part of the HTI group, an umbrella organization that unites the additional brands of LEITNER and POMA (Ropehauled transportation systems), PRINOTH and JARRAF (snowgroomers and tracked utility vehicles), DEMACLENKO (snowmaking systems), LEITWIND (wind turbines) and AGUDIO (Material ropeways).

Flums location will be integrated into the global structure of the HTI Group, which already extends from Italy to Austria, from France to Slovakia, from the United States and Canada to India, Germany and China, and is thus close to customers all over the world with its extensive network. This collaboration generates customer benefits that allow ropeway technology to be used in an even more targeted manner thanks to the latest innovations in passenger and material transportation.