Sorst Streckmetall Gmbh
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Sorst Streckmetall Gmbh - overview
Established
1921
Location
Hannover, -, Germany
Primary Industry
Materials
About
Sorst Streckmetall Gmbh specializes in manufacturing expanded metal and mesh products, serving diverse industries such as automotive, construction, and renewable energy with tailored metal solutions designed to enhance operational efficiency. Founded in 1921 and headquartered in Hannover, Germany, Sorst Streckmetall Gmbh produces expanded metal and mesh products, catering to various industrial sectors. In April 2019, Empire Investment Holdings acquired the company, although specific financial terms were not disclosed. Klaus Müsch currently serves as the CEO.
Sorst Streckmetall is a manufacturer specializing in expanded metal and mesh products tailored for industries including automotive, construction, and renewable energy. Its offerings encompass customized mesh solutions, protective grids, coverings for construction, and filters and sieves for industrial applications, enabling enhanced operational efficiency across multiple sectors. For the fiscal year 2021, Sorst Streckmetall reported a revenue of USD 18. 51 mn and an EBITDA of USD 997,227.
2. Sorst Streckmetall plans to leverage its recent acquisition and focus on expanding its product line and geographical reach. The company is expected to introduce new product designs aimed at enhancing its offerings in the automotive and renewable energy sectors. Furthermore, it seeks to penetrate emerging markets in Asia and North America by 2023, utilizing funding from the acquisition deal to support these initiatives.
Current Investors
Empire Investment Holdings
Primary Industry
Materials
Sub Industries
Steel & Metals
Website
http://www.sorst.de
Verticals
Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Sorst Streckmetall Gmbh - timeline of key events
Sorst Streckmetall Gmbh - financials
| Fiscal Year Ended | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 15,257,163.7 | 15,998,924.8 | 13,222,098.2 | 12,987,609.6 | 13,451,530 | 12,161,317.6 | 12,041,705 | 13,730,485.7 | 14,553,375.9 | - | - | - |
| % Revenue Growth (YoY) | - | 4.9% | (17.4%) | (1.8%) | 3.6% | (9.6%) | (1.0%) | 14.0% | 6.0% | - | - | - |
| EBITDA (USD) | 964,935.7 | 954,789.1 | 871,733.7 | 434,475.5 | 557,888.8 | 157,665.5 | (278,121.2) | 609,043.9 | 662,476.1 | - | - | - |
| Operating Income (USD) | 388,912.5 | 425,446.7 | 392,192.1 | 64,620.7 | 175,467.9 | (171,989.1) | (614,932.4) | 293,790.8 | 350,669 | - | - | - |
| Operating Margin | 2.5% | 2.7% | 3.0% | 0.5% | 1.3% | (1.4%) | (5.1%) | 2.1% | 2.4% | - | - | - |
| % EBITDA Margin | 6.3% | 6.0% | 6.6% | 3.3% | 4.1% | 1.3% | (2.3%) | 4.4% | 4.6% | - | - | - |
| NET Income (USD) | 335,058.1 | 389,469 | 354,088.1 | 22,713.5 | 134,375.6 | (226,860.8) | (621,952.2) | 264,505.3 | 318,037.3 | - | - | - |
| % Net Margin | 2.2% | 2.4% | 2.7% | 0.2% | 1.0% | (1.9%) | (5.2%) | 1.9% | 2.2% | - | - | - |
Sorst Streckmetall Gmbh - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Sorst Streckmetall Gmbh | - |
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Sorst Streckmetall Gmbh - employee data
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