Stanzwerk Jessen GmbH

A leading manufacturer of high precision steel electric components

 

Company

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.

Initial Situation

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.

Corporate Development

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:

  • Development of new application areas (metal/plastic components)
  • Increase in customer reach
  • Focus on high-growth markets
  • Development of a group structure
  • Strengthened the company's sales force
  • Gross margin optimisation program

 

End of July 2018 the sale to Feintool International Holding AG was successfully completed.