{"id":15113,"date":"2020-08-04T08:27:14","date_gmt":"2020-08-04T06:27:14","guid":{"rendered":"https:\/\/shw-wm.de\/shw-investor-acquires-another-german-mechanical-engineering-company\/"},"modified":"2024-11-04T16:40:56","modified_gmt":"2024-11-04T15:40:56","slug":"shw-investor-acquires-another-german-mechanical-engineering-company","status":"publish","type":"post","link":"https:\/\/shw-wm.de\/en\/shw-investor-acquires-another-german-mechanical-engineering-company\/","title":{"rendered":"SHW Investor acquires another German mechanical engineering company"},"content":{"rendered":"\n<p><strong>SHW WM has been part of SFO for a good two years.\nNow the group of companies is growing. <\/strong><\/p>\n\n<p>Since SHW Werkzeugmaschinen became part of the Munich-based investment company SFO, the company has been sailing in calm waters.\nHowever, SFO remains on an expansion course and has now taken over the plant manufacturer Piller Entgrattechnik with sites in Ditzingen and Kecskemet, Hungary.\nAll 120 jobs are to be retained.\nIn addition, the company will continue to operate under the name Piller Entgrattechnik.   <\/p>\n\n<p>Piller filed for insolvency at the end of February.\nInsolvency administrator Martin Mucha had continued to run the company and maintained business operations despite the coronavirus pandemic.\n&#8220;We will continue to try to invest successfully in mechanical and plant engineering. As with the two SHW companies, development potential will also be leveraged at Piller,&#8221; explained Wolfgang Schepp, Managing Director at SFO.\nAccording to him, synergies should also be created between the acquired companies.\nSFO sees itself as an investor that thinks and acts for the long term.\nThe shareholders of the SFO Group are entrepreneurial families.\n&#8220;The focus is on the sustainable development and future-proof orientation of the acquired companies,&#8221; explains Schepp.      <\/p>\n\n<p>Piller Entgrattechnik is a manufacturer of systems for industrial parts cleaning using high-pressure blasting technology.\nAt pressures of up to 1100 bar, a jet of water or cutting oil is directed at workpieces to remove burrs, chips and other contaminants.\nFounded in 1995, the company supplies customers in the automotive and hydraulics industries, pneumatics and medical technology.\nThe company also offers contract deburring in Ditzingen for smaller quantities.\nThe most recent annual turnover was around 20 million euros.    <\/p>\n\n<p>\u00a9 Wirtschaft Regional 04.08.2020 13:38<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SHW WM has been part of SFO for a good two years. Now the group of companies is growing. Since SHW Werkzeugmaschinen became part of the Munich-based investment company SFO, the company has been sailing in calm waters. However, SFO remains on an expansion course and has now taken over the plant manufacturer Piller Entgrattechnik [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[245,1],"tags":[],"class_list":["post-15113","post","type-post","status-publish","format-standard","hentry","category-shw-press-en","category-unkategorisiert"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SHW Investor acquires another German mechanical engineering company | SHW - Werkzeugmaschinen<\/title>\n<meta name=\"description\" content=\"The Munich-based investor SFO acquires the remaining shares in the Wasseralfingen-based machine tool manufacturer, SHW Werkzeugmaschinen, from Berlin-based Zeitfracht and continues to invest in the site and in new employees % %\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/shw-wm.de\/en\/shw-investor-acquires-another-german-mechanical-engineering-company\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SHW Investor acquires another German mechanical engineering company | SHW - Werkzeugmaschinen\" \/>\n<meta property=\"og:description\" content=\"The Munich-based investor SFO acquires the remaining shares in the Wasseralfingen-based machine tool manufacturer, SHW Werkzeugmaschinen, from Berlin-based Zeitfracht and continues to invest in the site and in new employees % %\" \/>\n<meta property=\"og:url\" content=\"https:\/\/shw-wm.de\/en\/shw-investor-acquires-another-german-mechanical-engineering-company\/\" \/>\n<meta property=\"og:site_name\" content=\"SHW - Werkzeugmaschinen\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SHWWM\" \/>\n<meta property=\"article:published_time\" content=\"2020-08-04T06:27:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-04T15:40:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/shw-wm.de\/wp-content\/uploads\/2021_Logo_mit_Flagge-removebg-preview.png\" \/>\n\t<meta property=\"og:image:width\" content=\"275\" \/>\n\t<meta property=\"og:image:height\" content=\"119\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"jweiss\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@SHW_WM_Gmbh\" \/>\n<meta name=\"twitter:site\" content=\"@SHW_WM_Gmbh\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"jweiss\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/shw-wm.de\\\/en\\\/shw-investor-acquires-another-german-mechanical-engineering-company\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/shw-wm.de\\\/en\\\/shw-investor-acquires-another-german-mechanical-engineering-company\\\/\"},\"author\":{\"name\":\"jweiss\",\"@id\":\"https:\\\/\\\/shw-wm.de\\\/#\\\/schema\\\/person\\\/6fbe9d30a891f73d56b6c58617d3cd63\"},\"headline\":\"SHW Investor acquires another German mechanical engineering company\",\"datePublished\":\"2020-08-04T06:27:14+00:00\",\"dateModified\":\"2024-11-04T15:40:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/shw-wm.de\\\/en\\\/shw-investor-acquires-another-german-mechanical-engineering-company\\\/\"},\"wordCount\":278,\"publisher\":{\"@id\":\"https:\\\/\\\/shw-wm.de\\\/#organization\"},\"articleSection\":[\"SHW Press\",\"Unkategorisiert\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/shw-wm.de\\\/en\\\/shw-investor-acquires-another-german-mechanical-engineering-company\\\/\",\"url\":\"https:\\\/\\\/shw-wm.de\\\/en\\\/shw-investor-acquires-another-german-mechanical-engineering-company\\\/\",\"name\":\"SHW Investor acquires another German mechanical engineering company | SHW - 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