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SFS Furthers Internationalization of Trading Business with Purchase of Three German Companies

MT Newswires·12/10/2025 01:38:44
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01:38 AM EST, 12/10/2025 (MT Newswires) -- SFS Group (SFSN.SW) said Wednesday it is continuing with the internationalization of its trading business with the acquisitions of Gödde, Oltrogge Werkzeuge, and Hch. Perschmann. The group, which supplies application-critical precision components and assemblies, is purchasing the German companies through its Hoffmann unit. Completion is expected by the end of March 2026, subject to regulatory approvals. SFS intends to integrate the three companies with Hoffmann over the years following the transactions. The consolidation is expected to boost the group's sales by 130 million euros.