CGS Management has sold SF Tooling Group to Storskogen

SF Tooling Group

SF Tooling Group is a global leader in the manufacturing of die-casting molds and tools for sophisticated light metal structural parts, serving large global original equipment manufacturers (OEMs) and die casters in the automotive and aviation industries. The company is the worldwide pioneer for the fast-growing product segment of extra-large unibody casting dies (giga dies). SF Tooling Group is headquartered in Germany and has a global footprint with locations in the United States and China.

The Deal

CGS Management acquired SF Tooling Group in 2014 and has supported the company in realizing various strategic initiatives, such as internationalization strategy through buy & build, strengthening and professionalizing global sales activities as well as augmenting engineering and production capacities and made operational improvements to manufacturing and other processes. Following the sale to Storskogen, the company’s management team will further the successful development of SF Tooling Group, especially in the fields of electric vehicles and extra-large unibody castings and will continue to drive the company’s internationalization strategy, especially by further strengthening activities in Asia.

Our Perspective

Christoph-Sebastian Meier, Managing Director in the Lincoln’s Zurich office, commented, “The sale of SF Tooling and the deal dynamics around it have been strongly driven by the revolutionary shift in automotive construction towards extra-large unibody designs. This transaction demonstrates once again that technology has become the key driver of mergers and acquisition activity in the automotive space.”

CGS Management

Founded in 1995 and based in Pfäffikon, CGS Management is an independent private equity firm focusing on SMEs (small and medium-sized enterprises) active in the industrial and manufacturing sectors with geographic footprints in the DACH region.

Storskogen

Storskogen was founded in 2012, with a mission to acquire and operate SMEs with leading positions in their respective markets. Storskogen is divided into three business areas, consisting of about 100 business units with around 7,000 employees, predominantly in Sweden as well as in the other Nordic countries, Germany, Switzerland and the U.K. Since October 2021, Storskogen is listed on the Nasdaq Stockholm Exchange.

CGS Management SF Tooling Group Storskogen 2021
  • 2021
    Close Year
  • Automotive & Truck
    Industry
  • Private Equity
    Client Type
  • Financial | Cross-border
    Transaction Type
  • Germany | Switzerland | Sweden
    Countries

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