SFS extends market presence in the commercial construction industry in North America
July 03, 2023 at 12:22 am EDT
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SFS Group Schweiz AG
/ Key word(s): Acquisition
SFS extends market presence in the commercial construction industry in North America
03.07.2023 / 06:19 CET/CEST
On July 1, 2023, the SFS Group acquired the part of the business concerning fasteners and other products of Connective Systems & Supply, Inc. (CSS). This business area of CSS generated sales of USD 15 million in 2022 with about 20 employees. The acquisition enables SFS to strengthen its market position in the United States in the fast-growing region surrounding Denver, Colorado.
Further information is to be found in the enclosed media release and on www.sfs.com.
Best regards
Benjamin Sieber
Valentina Dönz
Corporate Communications
SFS Group AG
Rosenbergsaustrasse 8, CH-9435 Heerbrugg
T +41 71 727 62 48 M +41 79 666 44 82 corporate.communications@sfs.com www.sfs.com
SFS Group AG, formerly SFS Holding AG, is a Switzerland-based company that develops and manufactures mechanical fastening systems and precision formed components. The Company serves the automotive, construction, construction supply, electrical, electronics, aerospace and medical components industries. It consists of three operating segments which represent the three business models: Engineered Components, which are customer-specific products under the SFS intec and Unisteel brands; Fastening Systems, which are application-specific products under the SFS intec and GESIPA brand, and Distribution and Logistics, which are market-oriented product ranges and logistics solutions under the SFS unimarket brand throughout Switzerland. Its subsidiaries include, among others, Ncase Limited, a supplier of subframes for rainscreen cladding, as well as developer and manufacturer of disposable products made of metal and plastic for medical device original equipment manufacturers (OEMs).