August Rüggeberg (PFERD)
Complementary expansion of the product portfolio through a strategic acquisition in Italy
The acquisition of the Italian SILMAX Group adds high-quality milling and drilling tools for metalworking to the product range of PFERD
DZ BANK advises the Rüggeberg Group on the acquisition of a majority stake in the SILMAX Group
The Rüggeberg Group is a leading premium specialist in tool solutions for surface treatment and material separation. As an independent, globally-oriented family-owned company with over 200 years of tradition, approximately 2,000 employees worldwide, and a turnover of over EUR 300 million, the group, operating under the PFERD brand, is a dependable, reliable, and sustainable partner for trade organizations, industrial end consumers, and professional craftsmen in key markets worldwide.
The SILMAX Group operates in the manufacturing of milling and drilling tools, with its headquarters located in Lanzo Torinese, northern Italy. The group produces a wide range of standard and custom professional tools made from solid carbide and high-speed steel (HSS). With international subsidiaries in Switzerland, China, and India, the group serves customers in various industries, including aerospace, tool and mold making, automotive, energy, and medical. With approximately 130 employees, SILMAX Group has a strong presence in the market and is known for its high-quality products and customer service.
With the acquisition of a majority stake in the SILMAX Group, PFERD is expanding its own product portfolio and strengthening its positioning in dynamically growing industries and geographies.
DZ BANK has managed the entire transaction process, from the strategy phase to approaching the target company, and finally, to the completion of the transaction.
Responsible on the part of DZ BANK were Martin Petsch, Benedikt Fischer, Sebastian Baier and Dardan Rrahmani.
The collaboration with DZ BANK as an experienced M&A advisor was undoubtedly the optimal decision for this complex transaction. The team provided us with guidance and support throughout all phases, enabling a successful completion in the end.
Thanks to the professional support of DZ BANK, we were able to successfully and confidentially execute the transaction. The dedicated project team provided us with tailored solutions for the challenges we encountered and played a crucial role in our success.
