Type Limited company Website www.sfs.biz Number of employees 8,662 Founded 1928 | ISIN CH0239229302 Headquarters Switzerland Revenue 1.437 trillion CHF (2016) | |
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Industry Fastening systems and precision formed components Key people Heinrich Spoerry
(Chairman of the Board of Directors (Switzerland))
Jens Breu (Chief Executive Officer (Switzerland)) Stock price SFSN (SWX) CHF 94.00 +0.50 (+0.53%)24 Mar, 5:31 PM GMT+1 - Disclaimer Subsidiaries Ncase Limited, SFS intec, Inc., SFS intec SAS | ||
1 lernender der sfs group ag stadler heerbrugg ag
The SFS Group AG is a company specialised in mechanical fastening systems and precision formed components, headquartered in Heerbrugg, Switzerland. SFS achieved in 2015 a turnover of CHF 1.44 billion with approximately 9'000 employees worldwide.
Contents
Success story hitachi data systems und sfs group
History
The origin of SFS dates back to 1928 and the Stadler Hardware Store in Altstätten, Switzerland. In 1949 a branch was opened in the near-by village Heerbrugg. Motivated by shortages of supply, Josef Stadler and Hans Huber started the production of screws in 1960 and founded the SFS Presswerk AG. The manufacture was based on the cold forming technology (also known as work hardening)
Both, the retail as well as the manufacturing activities were continuously developed and expanded over the following decades. From 1971 on the company started to build up an international network of market organisations. In 1993 the SFS Group was brought together under the umbrella of SFS Holding AG, in 2014 the name changed to SFS Group AG.
Today the activities are split into the three segments Engineered Components, Fastening Systems and Distribution & Logistics.
While retail and logistics activities stayed focused on the Swiss market (Distribution & Logistics), the manufacturing sector comprises worldwide more than 70 sales and/or production sites (Engineered Components and Fastening Systems ) in 24 countries. Through various acquisitions SFS expanded the competence portfolio by the injection moulding, deep drawing and blind riveting technology (by the acquisition of the GESIPA Group)
On 1 September 2012 SFS Group acquired the Unisteel Technology Group, which is based in Singapore and has production sites in Malaysia and China. Unisteel manufactures miniature screws and precision metal components (e.g. for smartphones and hard disc drives). Although SFS itself produces precision components of a diameter of 0.5 mm, which belong to the thinnest fasteners in the world, it gradually lost market shares due to the continuous migration of the mobile phone industry. The acquisition of Unisteel Technology strengthens SFS' position in its market segment. With the construction of a new plant in Nansha (CN), SFS increases the production of fasteners in Asia.
Since 7 May 2014 SFS is listed on the SIX Swiss Exchange (ticker symbol SFSN).
In 2016 SFS significantly expanded its position in the growing medical device industry through the acquisitions of Stamm (Switzerland) and Tegra Medical (USA). These two transactions have given SFS access to a large, and largely complementary, portfolio of top-quality customers.
Corporate organisation
The SFS Group consists of three operating segments which represent the three business models:
The three operating segments are supported by the cross-segment functions Technology and Services and ensure the utilisation of synergies and the efficient transfer of know-how.
Based on the core technologies of cold forming, deep drawing, plastic injection moulding and the riveting technology, SFS serves diversified end markets including the automotive, construction/construction supply, electrical/electronics, aerospace and medical components industry.
Facts and figures
Source: SFS Group