The Rosenberger Group announced the spin-off of its antenna and wireless coverage product portfolio with a new brand entity: PROSE.
Rosenberger Strengthens its Position in Growing Markets
Rosenberger is a leading manufacturer of innovative connectivity products, providing highest technology expertise and enhanced services to its customers worldwide, covering industries such as automotive, communication, data center solutions, site solutions, test and measurement and medical and industries.
Rosenberger’s CEO Eric Kueppers said, “Rosenberger is perfectly positioned to achieve sustainable future growth with this spin-off. As independent companies, each entity is able to create optimum added value for our customers with tailored capital allocation and strategic flexibility to drive innovation and customer satisfaction.”
The goal is to accelerate our growth and create a stronger local Rosenberger footprint by focusing on RF, fiber-optic, high speed data and high voltage interconnect solutions.
Rosenberger has already released investments to further expand the manufacturing footprint in India and China.
The transaction is planned to be completed by the first half of 2022.
New Presidents in China and India
After closing, Olaf Scale will remain the responsibility as president for Rosenberger Asia Pacific. Scale has a broad international experience working for private as well as stock listed companies in EMEA and APAC region. Lately he spent some years in China forming a local organization and successfully implementing a growth path.
After closing, Ashok Vasudevan will remain the responsibility as president for Rosenberger India. Vasudevan comes with a deep experience in building organizations from scratch, having successfully developed manufacturing centers of excellence, R&D centers, and regional service centers for different multi-national companies in India.