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 – passion and pioneering spirit for carbides
For over 95 years, CERATIZIT has been a pioneer developing exceptional hard material products for cutting tools and wear protection. The privately owned company, based in Mamer, Luxembourg, develops and manufactures highly specialised carbide cutting tools, inserts and rods made of hard materials as well as wear parts. We are the market leader in several wear part application areas, and successfully develop new types of carbide, cermet and ceramic grades which are used for instance in the wood and stone working industry.
With over 9,000 employees at 34 production sites and a sales network of over 70 branch offices, the Group is a global player in the carbide industry. Our international network also includes the subsidiaries KOMET, WNT, Becker Diamantwerkzeuge, and Stadler Metalle, as well as the joint venture CB-CERATIZIT. As a leader in materials technology, we continuously invest in research and development and hold over 1,000 patents. Our innovative carbide solutions are used in mechanical engineering and tool construction and many other industries including the automotive, aerospace, oil and medical sectors.
We are active on the market through the seven competence brands Hard Material Solutions by CERATIZIT, Toolmaker Solutions by CERATIZIT, Tool Solutions by CERATIZIT as well as Cutting Solutions by CERATIZIT, KOMET, WNT and KLENK.
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