CERATIZIT Group acquires 50% of the shares in Stadler Metalle GmbH & Co. KG
An important element for securing the raw material supply chain
CERATIZIT S.A., Mamer, Luxembourg (headquarters) and Stadler Metalle GmbH & Co. KG, Türkheim, Germany, February 28, 2019
With effect from March 1, the CERATIZIT Group acquires 50 percent of the shares in Stadler Metalle GmbH & Co. KG. The state-of-the-art company specialises in trading and processing secondary raw materials and has a strong focus on carbide.
For CERATIZIT, the investment in Stadler Metalle is of strategic importance, as Member of the Executive Board Thierry Wolter emphasises. “The investment in Stadler is a unique opportunity for the CERATIZIT Group to secure the entire raw materials supply chain,” Wolter said. “The demand for our main raw materials, tungsten and cobalt, is steadily increasing. Thanks to Stadler's network and expertise in logistics, we will now be able to focus even more strongly on recycling carbide tools in the supply of raw materials,” Wolter continued. In this way, the Group is at the same time driving forward its corporate strategy of sustainable and responsible production by making greater use of secondary raw materials.
Through the partnership, Stadler gains access to the worldwide network and know-how of the CERATIZIT Group and can use this as the basis for developing new business models. For Managing Director and owner Gabriele Stadler, CERATIZIT's investment is an important building block for the future of the company: “We are firmly convinced that as part of the CERATIZIT Group we can grow faster.” Stadler will continue its operations as before, but in future will benefit from the full support of the CERATIZIT Group.
The two private companies have agreed not to disclose the financial details of the transaction. It is still subject to the approval of the antitrust authorities.
About Stadler Metalle GmbH & Co. KG
Stadler is involved in the recycling and trading of secondary raw materials. With a network of globally active partners and its own fleet of vehicles, the Türkheim-based company is able to respond flexibly and quickly to the requirements of its customers. Based on many years of experience, Stadler combines quality, service and price to provide a range of services in line with market requirements.
CERATIZIT – with passion and a pioneering spirit for hard materials
For over 95 years, CERATIZIT has been a pioneer in developing exceptional hard material solutions for machining and wear protection. The private company, with registered offices in Mamer, Luxembourg, develops and produces highly specialised cutting tools, indexable inserts, rods made from hard materials and wear parts. The CERATIZIT Group is the global market leader in various application segments and successfully develops new carbide, cermet and ceramic grades, such as for wood and stone working.
With more than 8,000 employees at more than 30 production facilities and a sales network with over 50 branches, CERATIZIT is a global player in the carbide industry. The company's international network includes subsidiary Stadler Metalle and joint venture CB-CERATIZIT.
The technology leader is continually investing in research and development and holds more than 1,000 patents. Innovative hard material solutions from CERATIZIT are used in various sectors, including mechanical engineering and toolmaking, in the automotive and aerospace industries and in the oil, gas and medical industries.
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