Storskogen acquires SF Tooling Group in Germany

Headquartered in Laichingen, Germany, SF Tooling is the first and to date only truly global group in this market with own operations in Europe and North America, as well as a new plant in China, going into operations in the first quarter of 2022. By anticipating market trends early on, SF Tooling Group is positioned as a leader in the strongly growing segments of lightweight solutions for structural body parts and electric vehicle applications. The group also takes a pioneering role as a die builder for the latest and fast-growing segment of ultra-large castings, so-called giga castings.

Siegfried Heinrich, CEO and minority shareholder of SF Tooling Group, will remain in his position after the transaction. “We are happy to have Storskogen as a new long-term majority shareholder. Together we will be able to continue our growth journey and to further improve our customer offering on a global scale.”

The company will be part of Storskogen's business vertical Industrial Technology, in the business area Industry.

“We are very happy to have acquired SF Tooling Group. It is a strong positioned company that will help shape the growing market of electric vehicles and lightweight solutions for structural body parts on a global scale. We are looking forward to support Siegfried and his team in their continued journey,” says Mikael Neglén, EVP and Head of DACH.