SFS consolidates market position in trading business
Ad hoc announcement pursuant to Art. 53 LR – December 10, 2025
Hoffmann SE, a company of the SFS Group, is acquiring the three partner companies Gödde GmbH, Oltrogge Werkzeuge GmbH and Hch. Perschmann GmbH. The transactions are expected to be completed by the end of March 2026, subject to approval under merger control law. These strategic acquisitions will extend direct market access in Europe and leverage potential synergies.
The Hoffmann Group has enjoyed a close and successful partnership with Gödde, Oltrogge, and Perschmann in Europe for more than 30 years. The four companies already benefit from each other in terms of product range design and infrastructure. In recent years, collaboration has been steadily intensified and the sales partners have grown closer together both operationally and culturally. This is evidenced by the recent integration of the local warehouses into Hoffmann’s LogisticCity in Nuremberg (Germany), the most efficient logistics center for quality tools in Europe. With this step, the SFS Group is systematically continuing its course to internationalize its trading business following the acquisition of the Hoffmann Group in 2022.
Joining forces
The European tool trade market is characterized by intense competitive pressure and increasing customer demands in terms of product range and availability, as well as digitalization. This environment poses challenges for small and medium-sized enterprises in particular. The acquisition of the three partners by Hoffmann SE in the Distribution & Logistics (D&L) segment of SFS will enable the companies to join their forces and achieve advantages in terms of expertise and costs.
In addition to Gödde GmbH, Oltrogge Werkzeuge GmbH and Hch. Perschmann GmbH, all based in Germany, the partner network also includes Perschmann sp. z o.o. in Poland and Gödde SRL in Belgium. As of January 1, 2026, all companies belong to Hoffmann and are therefore part of the SFS Group. The established locations and management teams of the companies will be retained during the transition. The three partners will generate third-party sales of around EUR 270 million in 2025 and employ a total of approximately 450 people. As they already purchase their products from Hoffmann, this represents an increase in sales of approximately EUR 130 million for the SFS Group.
Strengthening of market position
The acquisition of the three sales partners strengthens the Hoffmann Group’s leading position in indirect requirements in industrial manufacturing. Further synergies in the areas of service offerings, supply chain, and internal structures are being strategically evaluated and implemented. The resulting advantages in terms of performance and costs will open up new opportunities for all parties.
Gödde, Oltrogge, and Perschmann will be gradually integrated into Hoffmann SE over the next few years. In the interests of continuity, the focus will remain on creating and increasing added value for customers. The SFS Group expects the three purchase transactions to be completed by the end of March 2026, subject to approval under merger control law.