FLOWFRAME becomes a new shareholder of PFEIFER
One of the oldest German companies, PFEIFER from Memmingen, has a new shareholder. The globally active group of companies is one of the leading companies in rope and lifting technology, in transport and connection technology for prefabricated construction elements and in innovative solutions for large-scale lightweight architecture. With the new strategic investor and partner FLOWFRAME, the innovative capacity and international growth of the group of companies is to be expanded.
Both partners see attractive growth opportunities and potential for the PFEIFER Group's business. The pioneer in rope and lifting technology has been involved in numerous milestones in the industry and has repeatedly set standards in the market. In order to survive in the market for over 445 years, the company has consistently focused on expertise, solution orientation and reliability. PFEIFER serves a wide range of end markets with its products and individual one-stop-shop solutions and maintains close relationships with its first-class customer base.
"I am very pleased that we have secured the succession of our family business and found in FLOWFRAME an entrepreneurial partner at eye level who understands us and who will lead the PFEIFER Group into the future with and for our employees in Memmingen and around the world, our demanding customers, suppliers and business partners," says long-time company owner Gerhard Pfeifer, who himself managed the company in the 12th generation as managing partner for several decades.
Carlos Carranza, CEO of the PFEIFER Group, adds: "PFEIFER has been able to generate significant growth in recent years. We would like to thank our entire team and our business partners worldwide for this. With FLOWFRAME, we have found a financially strong partner with whom we want to successfully realize the strategic goals of our group on the international markets."
"Many entrepreneurs are currently facing major challenges. Like PFEIFER, they often have a functioning and sustainable business model, but also a need for transformation. FLOWFRAME sees itself as an active sparring partner, implementation supporter and network access. Our team has many years of experience in transformation processes and knows how to master challenging situations, create new growth impulses and thus give entrepreneurial life's work a future," says Dr. Thomas Knecht, CEO of FLOWFRAME SE.
About PFEIFER
PFEIFER is a leading international company that offers products, application technology solutions and services for customers in the construction, logistics and architecture sectors: from special wire ropes for construction machinery and elevators, to slings and hoists, transport and composite systems for precast concrete construction, through to innovative supporting structures and building envelopes for bridges, roof structures and façades. The PFEIFER Group is active worldwide and has its own subsidiaries in 15 countries in Europe, Asia and North America.
www.pfeifer.info
About FLOWFRAME
FLOWFRAME is an internationally active investor and entrepreneurial partner focused on special situations. We invest in companies and groups of companies worldwide in order to jointly exploit potential and enable the future growth of life's work. The aim is to support the companies in their development and lead them on a stable and profitable growth path. FLOWFRAME pursues a long-term, entrepreneurial investment approach. FLOWFRAME is backed by the founders of PRIMEPULSE SE, which specializes in IT/tech investments.
www.flowframe.com