The deal

FRP secures future growth for Stuga

We’re pleased to have advised Stuga, a specialist automated machinery manufacturer, on its sale to Stürtz, a global producer of machines and automated solutions for the window production industry.

The deal enables Stuga to expand its technological capabilities and grow its portfolio of machining products, to further enhance its customer offering across the UK and Ireland.

Based in Great Yarmouth, Stuga is a specialist designer, manufacturer and supplier of automated machinery. The business provides quality automatic sawing and machining equipment to the windows and door industry across the UK and Ireland. Post transaction, Stuga will develop an integrated service offering that will include Stürtz’s complementary products and services, including welding, cleaning, logistics and sorting systems.

Our Corporate Finance team was appointed by the company’s management team to find a suitable new owner, and managed the entire sale process, working closely with management to prepare the business for sale, identifying and approaching potential buyers, negotiating with bidders, preparing Heads of Terms,  managing the due diligence process and providing advice to the shareholders right through to the successful completion of the deal.

Stürtz is a global manufacturer of plant and equipment for PVC window production, headquartered in Neustadt (Wied), Germany. The deal represents its first acquisition since receiving investment from Berlin-based private equity investor capiton AG in 2021 and marks the next step of its international growth strategy.

Stuga and Stürtz are now well positioned to benefit from increasing demand for automated solutions and energy efficiency, as well as predictive maintenance across the windows and doors manufacturing industry, and the transaction will allow Stuga to grow its UK operations and invest in its UK production facility.

The deal was led by FRP Corporate Finance Partner Jon Dodge and Senior Manager Alex Hunton, who negotiated the final deal and managed the sales process from the outset to completion.

Steve Haines, Sales Director and Gareth Green, Technical Director at Stuga said: “We are excited to start on this next phase of the Stuga story with such a credible and technologically advanced partner in Stürtz, who we are looking forward to working with to grow the business, add value to our customers and provide opportunities for our staff. We would like to thank FRP for running an exemplary process and we genuinely could not have achieved the successful outcome for the shareholders and the business of Stuga without them.”

Jon Dodge, FRP Corporate Finance Partner, said: “The team at Stuga has more than 35 years’ experience designing, manufacturing and supplying the highest quality automated machinery, and an in-depth understanding of the market. With its strong brand presence, technical excellence, and specialist team, Stuga was the perfect partner for Stürtz to grow its UK offering. We’re proud to have helped the owners of another successful independent business in the East of England in achieving their ambitions, and look forward to seeing Stuga capitalise on the sizeable market demand to supercharge its growth.”