Machinery
Machinery acquisition from ‘ strong and trustful relationship ’
» STUGA MACHINERY LIMITED , A market leading manufacturer of uPVC sawing and machining centres to the UK and Ireland windows and doors industry , has been acquired by Stürtz Group . All of Stuga ’ s Directors and staff are continuing with the business under its new ownership , working from its base in Great Yarmouth .
Stuga ’ s products will continue to be manufactured in Great Yarmouth , with Stürtz looking to invest locally into the business to increase production and headcount in the UK facility . Stürtz are looking to develop Stuga into a turn-key system supplier by adding Stürtz full machinery program including Welding , Cleaning , Logistics and Sorting Systems in the UK and Ireland .
Stuga company employs around 40 personnel , based from its production facility in the East of England and with service engineers located throughout the UK . The roots of the business go back to
the 1970 ’ s and Stuga are widely recognised as a leading specialist in its marketplace , developing products to improve its customers production processes accompanied by comprehensive after-sales services . Stürtz Group , headquartered in Neustadt ( Wied ), Germany , is a market-leading designer , producer , and marketer of machines and automated solutions for the window production industry across the globe . The company generated approximately EUR 50 million in sales in 2021 and employs more than 290 personnel across five locations globally .
Stürtz ’ product portfolio covers solutions for the entire window production process , from cutting and machining to welding and corner cleaning , assembly , sorting and logistics , and glazing and order picking .
Stuga and Stürtz are well positioned to benefit from strong industry trends including increasing demand for automated solutions , energy efficiency , as well as predictive maintenance . The companies have had a strong and trustful relationship for more than 25 years and have successfully implemented projects together in the past .
Transaction summary
Stürtz acquires Stuga with financing provided by Capiton ’ s current investment vehicle , Capiton VI .
Stuga was advised by FRP Advisory ( Lead Advisory & Financial ) and Howes Percival ( Legal ) whilst Stürtz and Capiton were advised by BMH Bräutigam & Partner ( Legal ), Napthens ( UK legal ), EY ( Tax ) and KPMG ( Financial ).
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CLEARVIEW-UK . COM MARCH 2022
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