BayBG strengthens international growth of the Wenzel Group with new investment

BayBG increases its stake in leading metrology specialist

Munich / Wiesthal, April 22, 2024. BayBG Bayerische Beteiligungsgesellschaft has increased its mezzanine investment in the Wenzel Group, based in Wiesthal. The company specializes in high-precision measuring machines and metrology software used in quality assurance. With the additional equity, the family-owned business plans to expand its sales activities and continue its international growth trajectory.

Since its founding in 1968, Wenzel has been developing solutions for quality inspection and assurance. The company, based in Lower Franconia, has grown into a globally recognized provider of industrial metrology. Its high-tech measuring systems and software are used in industries such as automotive, aerospace, mechanical engineering, plastics and medical technology.

Alois Bösl, Head of the Bayern Nord division at BayBG, commented:
“Through its ‘Made in Germany’ innovations, Wenzel has further strengthened its leading market position. Demand for high-precision measuring systems is growing worldwide, driven by increasing requirements for quality assurance. We are pleased to support the company’s international growth with our renewed investment.”

Dr. Heike Wenzel, CEO of the Wenzel Group, added:
“With the ongoing digitalization of manufacturing, new requirements are emerging for metrology, such as measurements directly on the shop floor and the increasing use of optical measurement technologies. Our forward-looking product portfolio addresses these trends. Together with BayBG as our financial partner, we are well positioned to leverage these market opportunities.”