Steadfast Capital Fund III, L.P., has acquired Stanz- und LaserTechnik Jessen GmbH (SLTJ), headquartered in Jessen, as part of a Management Buy-Out. The company was previously part of a portfolio of funds, advised by ORLANDO Management AG in Munich.
Together with the management of SLTJ, Steadfast Capital will support the expansion of the company as well as the strategic and personnel development of the company structure. SLTJ has achieved a market leading position in the production of high-precision electric sheet components in Germany over the years. Given an increasingly automated world and the resulting positive future outlook for electric motors, there are excellent opportunities for growth in the future, both organically and through acquisitions.
Stanz- und LaserTechnik Jessen GmbH was founded in 1879 as a metal processing company and today is a leading manufacturer of high-precision electrical steel components for electric motors and transformers. The components are manufactured at two production sites in Jessen (Saxony-Anhalt) and are mainly used by customers in the automation & robotics, e-mobility and high-quality household appliances sectors. SLTJ supports its customers from the development of new projects, through pre-series (laser cutting), to serial production using customer-specific punching tools.
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