NEWS
CGS bolsters Stürtz Maschinenbau’s position
Neustadt (Wied) (DE)/Pfäffikon (CH), November 2, 2017
Stürtz Maschinenbau GmbH is joining forces with the industrial investment group CGS to strategically expand into international markets. CGS is taking on a majority stake in Stürtz Maschinenbau GmbH and will catalyze the company’s development together with its current management, headed by Jörg Breuer. Add-on acquisitions will build Stürtz into a sturdy, technologically pioneering industrial group operating worldwide.
The market for automated PVC window manufacturing solutions is growing hand-in-hand with the challenge to hold on to technological leadership. PVC window production is an increasingly automated process that is constantly in need of solutions taking innovation to new heights. This means that corporate strategies for international expansion can also offer new opportunities for PVC window-producing machines manufacturers. Cooperating closely with customers on-site speeds up processes and helps companies like Stürtz Maschinenbau GmbH (Stürtz) exceed their customers’ expectations for single-source, individually customized plants. Flexible service and expertise at the doorsteps of their factories will secure productivity. Apart from Germany, the United States and Canada are Stürtz’s largest markets. Its North American subsidiary Stürtz Machinery, Inc., led by President & CEO Ellis Dillen, has become a market leader over the last 20 years. Thanks to CGS’s investment, the company can now further expand this position. Stürtz is a world leader in automated production systems for manufacturing PVC windows. The company wants to seize these opportunities and its management has joined forces with CGS to bring together their synergies for a bright future. Thanks to add-on acquisitions, a well-built international industrial group will emerge, operating in the largest PVC window markets and consistently consolidating its technological lead. The time has also come for Stürtz to take on a new corporate identity, putting its traditional appearance aside. The company will defend its values worldwide with a new look and logo.
Stürtz was founded in 1946 and has grown into a major market player, with a subsidiary in the United States and around 225 employees. It produces and develops stand-alone machines as well as complete automated systems for PVC window manufacturing. The vision of the transparent factory already became reality in 1999 thanks to the introduction and development of the production control software ProOpt. In 2004, Stürtz presented turnkey systems providing an entire automation concept for any company size. It recently launched ContourLine, raising the bar for innovative solutions once again. The company’s products guarantee powerful performance, making it a global leader in the sector. Stürtz also constructs special machines for fully automated, interlinked production sites. A group of private investors acquired Stürtz in 2013. The investors have now decided to sell the company to the industrial investment group CGS, seeing its dynamic potential for international growth. At the same time, Karl-Heinz Stürtz is taking his much-deserved retirement after having served at the helm for forty years of successful growth.
CGS is an independent, experienced industry partner specialized in building medium-sized companies into international groups. Since 1999, CGS funds have been investing in platform companies in German-speaking countries and making add-on acquisitions worldwide.
For additional information, please contact:
Stürtz Maschinenbau GmbH
Jörg Breuer
E: jbreuer@stuertz.com
T: +49 2683 309192
CGS Management AG
Dr. Rolf Lanz
E: rolf.lanz@cgs-management.com
T: +41 55 416 16 44
