S-UBG acquires minority stake in Sato
S-UBG has taken a minority stake in cutting systems manufacturer Sato.
The firm has acquired a third of the shares, while the remainder has been split equally between the managing directors.
In 2017, managing directors Holger Kerkow and Frank Heesen merged their company Innomax with Sato and took over from Sato's founder.
S-UBG offers growth capital and seed funding through its Seed Fonds II Aachen fund. S-UBG also engages in management buyouts. The firm is funded by a network of Sparkasse banks owned by Erste Group.
Company
Founded in 1988, the company manufactures fuel, plasma, laser and water jet cutting systems. The company is headquartered in Moenchengladbach and employs 50 staff.
People
S-UBG Group – Harald Heidemann (chairman).
Sato – Holger Kerkow, Frank Heesen (managing directors).
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Czech Republic-headquartered family office is targeting DACH and CEE region deals
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Ex-Rocket Internet leader Bettina Curtze joins Swiss VC firm as partner and CFO
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Estonia-registered VC could bolster LP base with fresh capital from funds-of-funds or pension funds









