Key FactsSales at entry: ~€ 49m
Sector: Smart Industries
Deal FactsYear of investment: 2018
Company descriptionSpindel- und Lagerungstechnik Fraureuth GmbH (“SLF”), headquartered in Fraureuth (former East Germany), is a spindles and ball bearings manufacturing company. The company was founded in 1993 in the course of a management buyout following the bankruptcy of its predecessor company and enjoys a remarkable success story since its foundation. Starting with 29 employees, the founders were able to sustainably grow the company over the past 26 years, to today 347 employees achieving sales of c. 49m€ in 2018. The product portfolio of SLF comprises spindle and ball bearing units in the diameter size range of 40mm to 1600mm with a clear focus on high-end specifications for demanding applications. Based on its reputation for high-quality products and customer orientation, SLF embraces multiple opportunities for further organic growth in the future.
Growth caseThe company’s impressive growth story shall be continued and further accelerated by realizing the present opportunities for further organic growth as well as pursuing a focused internationalization strategy. Together with Avedon as experienced investor in industrial niches and especially in the precision ball bearings industry, the founders of SLF will continue to support the growth plan retaining a minority stake. The competitive position of SLF shall further be strengthened by focusing on attractive end-markets, growing the OEM customer base and pursuing international growth opportunities.
Sep 08, 2020
Avedon strengthens bearings and spindle manufacturer SLF through acquisition of STI, a specialized engineering trading company
Oct 23, 2019
Spindel- und Lagerungstechnik Fraureuth GmbH honored at „Großer Preis des Mittelstandes“
Feb 05, 2019