Storskogen acquires SF Tooling Group with Heuking
An M&A team led by Dr. Ali Şahin, Partner at Heuking Kühn Lüer Wojtek, advised Swedish Storskogen group on the acquisition of a 95 percent stake in SF Tooling Group, a manufacturer of high pressure die casting tools and carbon fibre tools in the automotive and aerospace industries, from CGS III (Jersey) L.P. Storskogen plans to further expand SF Tooling Group’s strong market position.
SF Tooling Group manufactures high pressure die casting tools and carbon fibre tools, including for technologically sophisticated light metal parts for vehicle bodies and electro-mobility applications and aerospace industry. With its own operations in Germany, the USA and China, the group supplies customers in the automotive and aerospace industries.
Following its acquisition by CGS in 2014, the company with a major focus on the European market has developed itself into an international group. SF Tooling Group has more than doubled its sales since then.
Storskogen invests in well-managed and profitable SMEs with a leading position in their markets. Founded in 2012, the group is divided into three business divisions, comprising nearly 100 business units with some 7,000 employees at the end of Q3/2021, primarily in Scandinavia, the DACH region, and the UK.
CGS is an investment group based in Pfäffikon, Switzerland. The company specializes in developing medium-sized companies in the industrial environment into international groups.
Counsel to Storskogen
Heuking Kühn Lüer Wojtek:
Dr. Ali Sahin (Lead) (Corporate/M&A)
Frank Hollstein (Corporate/M&A)
Dr. H. Erdem Şişmangil, LL.M. (Corporate/M&A/Finance)
Dr. Till Naruisch, LL.M. (University of Dundee) (Corporate/Finance)
Michael Neises (Finance)
Christian Staps (Insolvency)
Bernd Weller (Employment)
Dr. Christoph Gerhard (Employment)
Dr. Markus Collisy (Environment)
Dr. Clemens Butzert (Public Law)
Manuel Poncza (Data Protection)
Christoph Hexel (Employment, Retirement)
Dr. Sabine Dethof (IP)
Fabian Schmitz (Real Estate)
Dr. Stefan Jöster (Insurance)
Dr. Kai Bandilla, China Desk
Sen Gao, China Desk