Siegthaler GmbH has been manufacturing rings and flanges for various industries since 1938, with a focus on wind energy.
The company is a specialist in large-volume components for various industries and received the first European patent for a flange system that connects two components without screws. Siegthaler has been manufacturing for one of the pillars of the growth sector of renewable energies since 1996.
Siegthaler GmbH represents the first pillar for Accursia's metal processing platform.
Company Information
Siegen, Germany
Headquarter
2023
Acquisition
~ EUR 22m
Revenue
40
FTEs
Ring- and flange manufacturing
Segment
Cold and hot bent and seamless rolled rings, flanges for wind towers, anchor rings, load distribution plates
Product
Turnaround-Topics
Creating synergies with other Accursia Capital portfolio companies
Strategy
Significant diversification of the customer base, strategic sales
Sales
Improvement of working capital and cost base
Finance
Increasing production utilization and optimizing production processes