SFS is deepening its strategic partnership with HECO, a leading manufacturer of fastening solutions for structural timberwork, and raising its interest in the German company to 51%.
In August 2015, HECO (Ludwig Hettich GmbH & Co. KG) and SFS signed an agreement establishing a strategic partnership. SFS concurrently acquired a minority interest of 30% in HECO. Both companies are active in the structural timber market and have built strong reputations for quality and innovation. Thanks to the two companies' largely complementary product portfolios, customers have since benefited from a more comprehensive range of products and services. Close collaboration between the two partners has created operational synergies in their manufacturing operations and sharpened their competitiveness.
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SFS Group AG published this content on 17 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 17 May 2018 04:32:00 UTC
SFS Group AG, formerly SFS Holding AG, is a Switzerland-based company that develops and manufactures mechanical fastening systems and precision formed components. The Company serves the automotive, construction, construction supply, electrical, electronics, aerospace and medical components industries. It consists of three operating segments which represent the three business models: Engineered Components, which are customer-specific products under the SFS intec and Unisteel brands; Fastening Systems, which are application-specific products under the SFS intec and GESIPA brand, and Distribution and Logistics, which are market-oriented product ranges and logistics solutions under the SFS unimarket brand throughout Switzerland. Its subsidiaries include, among others, Ncase Limited, a supplier of subframes for rainscreen cladding, as well as developer and manufacturer of disposable products made of metal and plastic for medical device original equipment manufacturers (OEMs).
SFS GROUP AG 
