Ceratizit acquires 50% stake in carbide recycler Stadler Metalle
March 6, 2019
The processing of tungsten carbide inserts (Courtesy Stadler Metalle)
Ceratizit Group, headquartered in Mamer, Luxembourg, has announced the acquisition of a 50% stake in Stadler Metalle GmbH & Co. KG. Based in Türkheim, Germany, Stadler Metalle specialises in trading and processing secondary raw materials, with a strong focus on carbides.
For Ceratizit, the investment in Stadler Metalle is said to be of strategic importance. Thierry Wolter, Member of the Executive Board of Ceratizit, stated, “The investment in Stadler is a unique opportunity for the Ceratizit Group to secure the entire raw materials supply chain. The demand for our main raw materials, tungsten and cobalt, is steadily increasing. Thanks to Stadler’s network and expertise in logistics, we will now be able to focus even more strongly on recycling carbide tools in the supply of raw materials.”
Stadler offers a wide range of services such as the purchase, analysis, sorting and processing of secondary raw materials. Through the partnership, it is expected that Stadler will gain access to the worldwide network and know-how of the Ceratizit Group and can use this as the basis for developing new business models.
The company will continue its operations as before, but in future will benefit from the full support of Ceratizit. “We are firmly convinced that as part of the Ceratizit Group we can grow faster,” commented Gabriele Stadler, Managing Director and Owner of Stadler Metalle.
Ceratizit has over 9,000 employees at thirty-four production sites and operates a sales network of over seventy branch offices. The two private companies have agreed not to disclose the financial details of the transaction, which is still subject to the approval of the antitrust authorities.
