LOI Group Acquires Company in Oberhausen
The LOI Group, Essen, Germany, has acquired the business of GKI-OFU Industrieofenbau GmbH, Oberhausen. GKI and OFU, two highly specialized industrial furnace suppliers, were reorganized as one company within the Thyssen Krupp Group in 1999. In the future, the GKI Industrieofenbau GmbH line will be continued by Schmitz + Apelt LOI Industrieofenanlagen GmbH of Wuppertal. OFU (formerly DIDIER-OFU) will be integrated into the hot rolling mill and forging plant furnace division of LOI Thermprocess GmbH, the parent company of the LOI Group.