BIBUS acquires the majority of S + D Spezialstahl GmbH
BIBUS HOLDING AG, a 70-year-old, owner-managed, Swiss-based and internationally oriented trading and service company, will take over S + D Spezialstahl GmbH, with headquarter in Stelle near Hamburg, effective retroactively from 1st July 2017.
S + D Spezialstahl GmbH, founded in 1997, is a leading European stock holder of materials such as titanium and titanium alloys, nickel and nickel-based alloys plus special stainless steels for applications in industries including aviation, automotive, medical and chemical. The company has extensive service centre operations employing 35 people in Germany, France, Italy, the Czech Republic as well as in the UK. Furthermore, the company will be led by Olaf Schenk, founder and minority partner, and Uwe Friebertshäuser, Managing Director.
The BIBUS METALS Group, part of BIBUS HOLDING AG, with subsidiaries in Switzerland, Germany, France, the UK, Poland, Russia, Ukraine, the Czech Republic, Hungary, Romania and China, is enhanced by S + D Spezialstahl GmbH. There are small overlaps on mutual stock programmes, customers and supplier relationships. The management of both companies is convinced that due to the very close relationship a significant benefit for customers will be generated.
BIBUS HOLDING AG
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BIBUS HOLDING AG will take over S+D Spezialstahl GmbH, with headquarter in Stelle near Hamburg, effective retroactively from 1st July 2017.
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