Acquires remaining shares in Stadler Metalle
Ceratizit S.A. acquired the remaining 50 percent of shares in Stadler Metalle on March 1, making it the sole owner of the company, which specializes in trading in secondary raw materials and their processing. For Ceratizit, which belongs to the Austrian Plansee Group, Stadler Metalle was already previously the most important supplier of secondary raw materials for the production of tungsten and tungsten carbide powders.
For the Ceratizit Group, the investment in Stadler at the beginning of 2019 was an important step, as Executive Board Spokesman Andreas Lackner explains: ‘Stadler Metalle has become an important building block in our raw material supply chain over the past three years, and has helped us to become independent of raw materials from China and crisis regions.’ The Group is now drawing its supply of primary raw materials, still necessary from a technological angle, exclusively from certified western mines.
The use of secondary raw materials from recycling not only helps to secure the supply chain, it is also sustainable. ‘The recycling of used cemented carbide requires 75% less energy than the processing of ore. In addition, the detrimental effects on nature of intensive mining are avoided,’ Andreas Lackner adds.
The current Managing Director and founder of Stadler Metalle, Mrs Gabriele Stadler, will officially retire on 28 February together with her husband, Mr Hubert Stadler. ‘We would like to express our sincere thanks to Mrs Stadler and Mr Stadler. They have led and developed the company very successfully over the years, and helped to facilitate a smooth integration into the Ceratizit Group,’ says Executive Board Member Melissa Albeck.
The management of Stadler has been in the hands of Thomas Wenger since March 1, 2022. He has already been working in purchasing and sales at Stadler Metalle since 2010 and previously spent 10 years in strategic purchasing at two companies in the tungsten sector.
Both sides have agreed not to disclose the financial details of the transaction.