Endress+Hauser reported July 31 that it’s purchased the remaining 33% of CodeWrights GmbH from Pepperl+Fuchs, and is now the software and service company’s sole owner.
Located in Karlsruhe, Germany, CodeWrights was founded in 2002 as a joint venture between Pepperl+Fuchs and Endress+Hauser, which owned two-thirds of its shares. CodeWrights has close to 50 employees, who develop customized software for measurement and automation technology, such as apps and cloud-based application for industrial automation and embedded software for devices.
“We’re excited to assume full ownership of CodeWrights. At the same time, we’d like to thank Pepperl+Fuchs for more than 20 years of constructive partnership,” says Dr Rolf Birkhofer, managing director of Endress+Hauser’s Digital Solutions division. “We believe strongly in the expertise of the team and the strength of the business model. Together, we look forward to driving further growth and success.”
Lutz Liebers, COO for process automation at Pepperl+Fuchs, adds, “We look back on decades of successful collaboration built on mutual trust and respect, for which we would like to express our genuine appreciation. We’re confident that, with Endress+Hauser as the sole owner, CodeWrights is ideally positioned to drive its strategic development and realize its full potential.”
Thomas Debes, managing director at CodeWrights, reports the acquisition will have no impact on its day-to-day operations. “By transferring the shares, we’re creating a clearer ownership structure and strengthening our company’s strategic ability to act. This decision enables faster coordination and provides new impetus for our shared growth,” adds Debes. “CodeWrights will continue to serve all customers with the same commitment and maintain its established service portfolio. Employees at both CodeWrights and Endress+Hauser can expect continuity in their work and collaboration.”
