Stuga Machinery has been acquired by global machinery manufacturer Stürtz which is promising further investment including developing the business into a turnkey system supplier by adding the buyer’s full machinery programme including Welding, Cleaning, Logistics and Sorting Systems.
The manufacturing base will remain at its existing Great Yarmouth site along with directors and staff, with the promise of increasing the headcount at the facility.
Stuga employs around 40 people at its base, along with service engineers located around the UK.
The Eur50million Stürtz Group, headquartered in Neustadt, Germany, employs more than 290 personnel across five locations globally. Its product portfolio covers solutions for the entire window production process, from cutting & machining to welding & corner cleaning, assembly, sorting & logistics, and glazing & order picking.
It says the acquisition represents its first since its majority investment by capiton AG, adding: “Stuga was the ideal investment in the UK with its strong brand, technical products, service offering and with management and staff who understand the UK market.
“Stuga and Stürtz are well positioned to benefit from strong industry trends including increasing demand for automated solutions, energy efficiency, as well as predictive maintenance. The companies have had a strong and trustful relationship for more than 25 years and have successfully implemented projects together in the past.”
Steve Haines and Gareth Green, Stuga sales and technical directors respectively, said in a statement: “We are excited to start on this next phase of the Stuga story with such a credible and technologically advanced partner in Stürtz, who we are looking forward to working with to grow the business, add value to our customers and provide opportunities for our staff”.
Jörg Breuer, CEO of Stürtz added: “The company has continuously delivered high quality machines and an exceptional service to its customers and we are looking forward to working with Stuga’s management to expand its technological capabilities and provide a full suite of machining products to customers in the UK and Ireland.”
