The ICG International Cutting Group is a diversified manufacturer of cutting machines for non-metallic applications. It operates production sites in Germany, the US, and Hungary. The group’s product portfolio comprises die-cutting machines for cutting non-metallic materials, especially for high-volume applications. Relevant end-markets are e.g. the automotive sector, the construction industry and the consumer goods segment.

Sale of ICG International Cutting Group to Quantum Capital Partners as well as the sale of Freeman Schwabe Machinery in a management buy-out in December 2021

Growth during CGS’s engagement

• Focus on core business with cutting machines as well as the promising business area of industrial automation
• Significant improvement in operational efficiency

Press releases

• January 10, 2022 – Sale of ICG International Cutting Group 
• July 30, 2018 – Acquisition of Freeman Schwabe Machinery
• December 11, 2017 – Acquisition of schoen + sandt machinery