DZ BANK AG advised August Rüggeberg GmbH & Co. KG, on the acquisition of a majority stake of the shares in Silmax S.p.A., the Italy-based producer of a wide range of standard and special cutting tools.
About Silmax S.p.A.
Silmax S.p.A. is a leading manufacturer of milling and drilling tools based in the municipality of Lanzo Torinese in northern Italy, in the region of Piemont not far from Turin. It produces a wide range of standard and custom tools made of solid carbide and HSS (High-Speed Steel). The group employs a workforce of around 130 and has international sales companies in Switzerland, China, and India, serving businesses from sectors including aviation, tool and mold-making, automotive, energy and medical.
About August Rüggeberg GmbH & Co. KG
August Rüggeberg GmbH & Co. KG (operating under the brand name “PFERD”) is among the leading companies that manufacture tools for work on surfaces and metal cutting. With a heritage that dates back more than 220 years, the family-run business, based in Marienheide, manufactures its products across seven different production facilities and its current portfolio includes over 9,500 tools. With its 1,950 employees in 22 subsidiaries across the world, the company is able to secure proximity to its global customer base, which is ideal for providing first-class consultation and deliveries.
DZ BANK AG
Advised in the sale of
Silma
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