Stertil Group acquires Nussbaum
14 March 2022
THE ACQUISITION demonstrates the Stertil Group’s commitment to continued investment in providing world class vehicle lifting solutions to the vehicle maintenance, repair and service industries.
Based at Kehl in Germany, Nussbaum is a high quality manufacturer of world-class automotive lifts.
Stertil Koni will continue to focus on providing innovative, differentiated heavy duty vehicle lifts maintaining its number one position in the worldwide marketplace. Nussbaum has a workforce of 250 employees with an anticipated turnover in 2022 of €50 million. This addition means that the Stertil Group grows substantially towards more than 750 employees worldwide and an annual turnover of more than €200 million.
For more information, visit www.stertil-koni.co.uk