Market News Ceratizit Group acquires 50% of the shares in Stadler Metalle GmbH & Co. KG
With effect from March 1, the Ceratizit Group acquires 50 percent of the shares in Stadler Metalle GmbH & Co. KG. The state-of-the-art company specialises in trading and processing secondary raw materials and has a strong focus on carbide.
For Ceratizit, the investment in Stadler Metalle is of strategic importance, as Member of the Executive Board Thierry Wolter emphasises. “The investment in Stadler is a unique opportunity for the Ceratizit Group to secure the entire raw materials supply chain,” Wolter said. “The demand for our main raw materials, tungsten and cobalt, is steadily increasing. Thanks to Stadler's network and expertise in logistics, we will now be able to focus even more strongly on recycling carbide tools in the supply of raw materials,” Wolter continued. In this way, the Group is at the same time driving forward its corporate strategy of sustainable and responsible production by making greater use of secondary raw materials.
Through the partnership, Stadler gains access to the worldwide network and know-how of the Ceratizit Group and can use this as the basis for developing new business models. For Managing Director and owner Gabriele Stadler, Ceratizit's investment is an important building block for the future of the company: “We are firmly convinced that as part of the Ceratizit Group we can grow faster.” Stadler will continue its operations as before, but in future will benefit from the full support of the Ceratizit Group.