Description

Arntz Group, founded in 1793, placed, as part of its strategic realignment, its circular saw blade unit at disposal. In future, the group should focus on the production of band saws only. In this context, CVM Capital Value Management GmbH has been mandated by Arntz Group’s executive board to organise a structured transaction process of the company’s circular business unit. Out of the circular saw blade business site I, located in Schmölln, was sold along with its assets. The site sold is specialised in segmental, HSS (High Speed Steel) and carbide tipped circular saw blades. The acquiring Lindemann GmbH Schleiftechnik, located in Holzwickede, focuses on the production of carbide tipped saw blades as well as sharpening and repairing carbide tipped, HSS (High Speed Steel) and CV (Chrome-Vanadium steel) saw blades. Additionally, regrinding of several types of industrial shear blades is offered.  CVM Capital Value Management GmbH supported the entire process from the identification of potential investors to the successful sale of Arntz Group’s circular business unit. At the beginning of February 2015, the business unity was acquired by A. Lindemann GmbH Schleiftechnik.