SFS growth continues into H1 2018
Swiss HQ’d group SFS picked up where it left off 2017 with its growth momentum continuing into the first half of this year. The owner of Gesipa and 51% stake holder of HECO revealed that H1 sales amounted to CHF 855.9 million, up 9.9% on the same period in 2017. Organic sales reached 7.1% with growth […]
SFS Distribution & Logistics head to retire after a half century
SFS’ current Head of Central Logistics Iso Raunjak is taking over from Josef Zünd as Head of the Distribution & Logistics segment on 1 January 2020. After 49 successful years at SFS, Josef Zünd goes into retirement in March 2020. Raunjak was chosen to succeed Zünd now in the interests of early planning and continuity. With Iso Raunjak, […]
SFS grows stake in HECO to 51%
SFS, owner of Gesipa, is deepening its strategic partnership with HECO by raising its interest in the German company to 51%. SFS has worked with HECO – a leading manufacturer of fastening solutions for structural timberwork – since August 2015, when SFS acquired a minority interest of 30% in HECO (Ludwig Hettich GmbH & Co. KG). […]
SFS launches new online shop for fastening systems, tools and architectural hardware
SFS’s Distribution & Logistics segment has launched a new online store at www.sfs.ch, targeting professionals in the skilled trades and manufacturing sectors in the Swiss market. SFS offers a wide range of fastening systems, architectural hardware, tools and innovative logistics solutions. The online channel is backed by an extensive nationwide network of physical sales and distribution points, […]
Gesipa to double German blind rivet production with $14.1 million expansion
Gesipa’s Thal, Thuringia site in Germany is in line for a CHF 14 million (approx US$14.1 million) investment. A new facility on the site will double Gesipa’s blind rivet manufacturing capacity in Germany by the end of 2018. It will also centralise the firm’s blind rivet manufacturing operations in Thal. The firm said it has […]