The transaction between the SFS Group and Hoffmann SE that was announced in December 2021 was completed on 11th May 2022 – meaning that Hoffmann has now been officially incorporated into the SFS organisation.
SFS Group explains that the joining of forces with Hofmann marks a milestone, with the companies’ complementary positioning opening up attractive development opportunities for both.
In organisational terms, Hoffmann will operate as an independent division within the Distribution & Logistics segment. Hoffmann’s inclusion at various levels of the SFS organisation will create continuity and lay the foundation for the Group’s successful future development.
Hoffmann’s CEO, Martin Reichenecker, will now join the Group executive board of SFS. In addition, Dr Peter Bauschatz, chairman of the supervisory board of Hoffmann SE, will now join the board of directors of SFS.
Will joined Fastener + Fixing Magazine in 2007 and over the last 15 years has experienced every facet of the fastener sector - interviewing key figures within the industry and visiting leading companies and exhibitions around the globe.
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