At the extraordinary general meeting of POLYTEC Holding AG, held on June 26, 2009, the sale of the Peguform Group by the POLYTEC Group was decided. A holding company managed by Pierer GmbH and Knünz GmbH took over the industrial management of the Peguform Group.

Pierer and Knünz consider the Peguform Group to be the core of a competitive supplier group. Peguform should strengthen its position as important supplier and use the chances offered by the current economy crisis, especially in the automotive industry, in a positive manner.

The new owners have a vast experience in the supplier industry and are ready to face new challenges together with the existing management.