In Munich in 1949 Sebastian Steinberger registered a commercial enterprise for the distribution of chemical innovations. Initialy items such as cleansing creams and sparklers were produced, but subsequently scrubbing brush heads, coasters and bath mats were then manufactured in house from the 'new' material polyurethane foam. With lots of commitment and innovative ideas the foundation stone was laid for a small production company, which through its great success found itself dealing increasingly with the processing of foam materials. Finally, because the rented buildings in Munich had become too small for the production requirements, a plot of land in Waldram to the south of Wolfratshausen was purchased in 1959. In the mid-60s what was initially just a foam processor, manufacturing mainly bath mats made of refined foams, textiles and printed materials, became a company specialising in the manufacture of tufted bath rugs, employing over 200 people.
In 1985 the foam department of PANA was sold off and continued in Geretsried under the name of PANA Schaumstoff GmbH as a pure plastics processor. From the small foam processing department of a medium-sized company, an efficient, certified processor of more than 120 different cellular foam materials and numerous adhesives has developed that now supplies renowned automotive manufacturers, component suppliers, machinery manufacturers, technical traders, and other branches of industry with customised technical articles made of foam.
In 2009 PANA celebrated its 60th anniversary.
In 2010 the company PANA Schaumstoff GmbH was sold to Austrian investors and from then on has traded under the name PANA Foamtec GmbH. Relocation to a new production building increased the production capacity at the Geretsried site to over 2,000 m2 and the storage areas to more than 4,000 m2.
2014 PANA Foamtec GmbH got certified accoring to TS 16949/2008 norm for the first time. This norm assures products and processes of the highest quality and is a must have for automobile suppliers nowadays.
2014 PANA Foamtec GmbH opened another plant in Serbia in order to grow business in the Eastern European market.
2016 Mr. Reichhold Paul became the single CEO of the whole group consiting of SSA Europe GmbH (Austria), SSA PANA Foamtec doo (Serbia) and PANA Foamtec GmbH (Germany).
2017 the ownership changed. Family Reichhold (who held 50 % of the group since 2011) acquired 100 % of the whole group.
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