Founded in 1879 as a metal processing company, today Stanzwerk Jessen is a leading manufacturer of high-precision tool-based electric sheet parts for electric motors and transformers. The components are manufactured at two production sites in Jessen (near Leipzig) and are predominately used by customers in the automation, e-mobility and automotive sector. The company supports its customers throughout the entire value chain from product development to serial production.
Steadfast Capital Fund III, LP, supported the established management team in acquiring 100% of SLTJ in July 2016 with a view to continuing the successful growth of the business.
During the investment period Steadfast Capital worked closely with the Management of Stanzwerk Jessen and has strategically supported the company's growth strategy, in particular:
End of July 2018 the sale to Feintool International Holding AG was successfully completed.