The investment company CGS has sold its majority stake in SF Tooling Group GmbH to the Swedish group Storskogen. SF Tooling is the world market leader in the production of die-casting moulds and tools for the automotive and aerospace industries.
CGS had acquired a majority stake in SF Tooling in 2014. At that time, the company had a turnover of around 20 million euros and was mainly active in Europe. Since then, SF Tooling has developed into an international group with a presence in the world's most important automotive markets - the USA, Europe and China. Turnover has more than doubled under the leadership of CGS. CGS specialises in developing medium-sized companies in the industrial environment into international groups.
Storskogen wants to further strengthen SF Tooling's strong market position. The group regularly acquires profitable medium-sized market leaders. In total, Storskogen has almost 100 business units with around 7,000 employees.
GLNS advised CGS on this transaction. The team, led by Dr Reinhard Ege (private equity and tax), included Ferdinand Graf von Spreti (private equity), Dr Anselm Lenhard (financing) and Andreas Scheidle (tax).
GLNS had already advised CGS on the acquisition of SF Tooling (then Schaufler Tooling) in 2014. GLNS also assisted its client when the company merged with Fischer Tool & Die from the USA in 2016, resulting in the new company SF Tooling becoming the global market leader.