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Hard metals

Katja Preydel,

Ceratizit Group acquires 50 percent of the shares in Stadler Metalle

On March 1, the Ceratizit Group acquired 50 percent of the shares in Stadler Metalle GmbH & Co. The company specializes in trading in secondary raw materials and their processing, with a strong focus on the hard metal sector.

Ceratizit board members Thierry Wolter, Andreas Lackner and Andreas Schwenninger with Stadler owner and managing director Gabriele Stadler and operations manager Hubert Stadler after signing the contract (from left to right) © Ceratite

The investment in Stadler is of strategic importance for Ceratizit, emphasizes Thierry Wolter, member of the Board of Directors: "The investment in Stadler is a unique opportunity for the Ceratizit Group to secure the entire raw material supply chain". "The demand for our main raw materials tungsten and cobalt is constantly increasing. Thanks to Stadler's network and expertise in the field of logistics, we will be able to rely even more heavily on the recycling of carbide tools in the future," Wolter continues. At the same time, the Group is driving forward its corporate strategy of operating sustainably and responsibly by making greater use of secondary raw materials.

The partnership will give Stadler access to the group's global network and expertise, enabling it to develop new business models. For Managing Director and owner Gabriele Stadler, the investment is an important building block for the future of the company: "We are firmly convinced that we can grow faster as part of the Ceratizit Group." Stadler will continue to run the business as before, but will benefit from the support of the Ceratizit Group in the future.

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The two private companies have agreed not to disclose the financial details of the transaction. It is still subject to regulatory approvals.

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