Stürtz Group

capiton acquires majority stake in Stürtz Group. Stürtz Group, headquartered in Neustadt (Wied), Germany, is a market-leading designer, producer, and marketer of automated solutions for the window production industry across the globe. The company generated approximately EUR 46 million in sales in 2020 and employs around 270 FTEs across five locations globally.

Stürtz’ product portfolio covers solutions for the entire window production process, from cutting & machining to welding & corner cleaning, assembly, sorting & logistics, and glazing & order picking. As a long-standing partner to window manufacturers with over 35 years of experience in the industry, Stürtz developed a deep understanding of its customers’ production processes and the ability to offer customized automated solutions, from a single machine to fully automated production lines. The offering is accompanied by comprehensive after-sales services and a dedicated software suite, enabling continuous coordination and intelligent control of the production machines.

Stürtz is very well-positioned to further benefit from strong industry trends including increasing demand for automated solutions, energy efficiency, as well as predictive maintenance. Together with the management team, capiton plans to grow the business organically, both by leveraging the significant potential of the company’s innovative new products and by expanding its international footprint while further developing Stürtz’ software offerings. Selective acquisitions broadening the product range will be considered as well.

Jörg Breuer, CEO of Stürtz commented: “Stürtz and its management team are excited to continue the strong path of growth under the ownership of capiton. We are looking forward to further develop our strong brand on a global scale together.”

Christoph Karbenk, Partner at capiton added: “We are glad to welcome Stürtz to the capiton portfolio. We are truly excited to collaborate with the entire Stürtz team to strengthen the company’s technological capabilities, further accelerate its international expansion and lay the foundation for its future success.”

“Stürtz grew around 10% per year under CGS ownership”, explains Rolf Lanz, Managing Partner at CGS. “With capiton as new majority owner, Stürtz will pursue its internationalization strategy and ensure continuity for both its valuable employees and its wide customer base.”


Transaction summary

capiton acquires Stürtz from an investment fund advised by Swiss-based CGS Management AG. Financing of the transaction is provided by capiton’s current investment vehicle, capiton VI. Additional funds have been reserved to finance both organic and inorganic growth initiatives.

The transaction remains subject to approval from competition authorities. Sellers and buyers have agreed not to disclose the financial terms of the transaction. capiton was advised by Androschin & Partner (Commercial), KPMG (Financial), BMH Bräutigam & Partner (Legal), EY (Tax and Structure), GCA Altium (Debt Advisory), CMS Hasche Sigle (Finance Legal), aestimamus (Management Audit), and Tauw (ESG).


capiton acquires the majority stake in Kutterer Mauer AG, backing one of the founders, Mr. Mauer in continuing the growth story of the company. Mr. Mauer as well as other management members invest alongside capiton. Kutterer Mauer AG is a globally operating manufacturer of caps and closure solutions with >450 employees. The Group designs and […]

capiton has successfully closed a new top-up single-asset fund for its fast-growing portfolio company KD Pharma Group („KD Pharma“). This top-up fund will provide KD Pharma with the equity financing for a number of additional strategic investments, in particular add-on acquisitions as well as organic growth initiatives to transfer KD Pharma‘s unique technology and service […]

We are delighted to announce the successful acquisition of 4PICO Litho by Raith. Raith, the leading global manufacturer of precision technology for nanofabrication instrumentation, has expanded its product offering by adding direct write laser lithography systems – manufactured by 4PICO Litho – to its business strategy. In 2004 4PICO Litho, located near Eindhoven (NL) started […]

Dec Group acquires Extract Technology We are delighted to announce the successful acquisition of Extract Technology by Dec Group. Extract Technology is a leading provider of containment and aseptic systems for the pharmaceutical, biotech, nuclear and chemical markets. Extract is headquartered in Huddersfield (UK) with a second facility in New Lisbon (US), serving the fast-growing […]

capiton acquires majority stake in Axxence Group The management team of the Axxence Group acquires in a MBO along with capiton the leading natural aroma chemicals manufacturer from its founder, Joost van Neck. Axxence Group, headquartered in Emmerich, Germany, is a leading manufacturer and supplier of natural aroma chemicals (NACs) for the global flavour & […]

EVP Group acquires Group Korott We are delighted to announce the successful acquisition of Group Korott by EVP Group. Group Korott is a leading manufacturer and distributor of vitamins, minerals, natural cosmetics, as well as sport supplements for the Spanish consumer healthcare market. In addition to its store-brand partnering business, Korott has its own brand […]

Engelmann, with headquarters in Wiesloch, Germany, is the leading European manufacturer of smart heat meters for the sub-metering industry.

Wundex Group, with headquarters in Senden, Germany, is a leading home care provider for patients with chronic wounds. The company‘s qualified wound managers provide home care services that enable faster and more effective wound treatment and significantly reduce the workload of general care providers and physicians, backed by an integrated digital platform.

Die Cedes AG („Cedes“) mit Sitz in Landquart (Schweiz) ist ein führendes Sensortechnologie Unternehmen in der Aufzugs- und Türenindustrie. Unter Verwendung von Infrarot- und Bildverarbeitungstechnologie werden die Produkte für die Automatisierung von Aufzügen, Rolltreppen und Eingängen eingesetzt. Cedes wurde 1986 gegründet und erwirtschaftete 2019 rund CHF 55 Mio. Umsatz mit rund 320 Mitarbeitern.

Die MIP Gruppe („MIP“) ist ein international aufgestellter Hersteller und Distributor von generischen Arzneimitteln mit Schwerpunkt auf Antiinfektiva. Neben Antibiotika bietet MIP rezeptfreie Medikamente und Medizinprodukte an. Die Produkte werden größtenteils in den zwei eigenen Produktionsstandorten im Saarland, Deutschland, gefertigt. Mit ca. 400 Arzneimittelzulassungen und ca. 251 Mitarbeitern generiert MIP Umsätze i.H.v. über € 40 Mio. in 19 Ländern.

capiton AG (“capiton”) freut sich bekannt zu geben, dass die Gesellschafter der Trioptics GmbH (“Trioptics”) und Jenoptik AG (“Jenoptik”) heute einen Vertrag über den Erwerb von 100% der Anteile an Trioptics durch Jenoptik unterzeichnet haben. Trioptics wurde 1991 von Eugen Dumitrescu gegründet und hat sich seitdem zu einem international führenden Anbieter von Mess- und Fertigungssystemen für optische Komponenten und Sensoren in der digitalen Welt entwickelt.

Die AlphaPet Ventures GmbH („AlphaPet“), mit Sitz in München, ist ein führender Anbieter von Eigen- und Fremdmarken für Hunde- und Katzenfutter, die insbesondere über eigene Online-Plattformen vertrieben werden. Das AlphaPet Management hat das Unternehmen mit einem Umsatzwachstum von ca. 30% p.a. in den letzten sechs Jahren zu einem führenden Anbieter im deutschen Online-Markt für Hunde- und Katzenfutter entwickelt.