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October 2021

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Zeitfracht Acquires Sauter Feinmechanik



SAUTER Feinmechanik is a provider of tool and workpiece carrier systems.

Zeitfracht Group has acquired the system supplier of machine tool SAUTER Feinmechanik. A family-owned company from Metzingen, Germany, SAUTER is a provider of tool turret technology. SAUTER is a provider of tool and workpiece carrier systems. In addition to its operational focus in Europe, SAUTER also has subsidiaries in the United States, Hungary and Taiwan.

Dominik Wiehage, spokesperson for the management of Zeitfracht Group, said, "Zeitfracht Group has grown fast in recent months. We want to use the current upheaval in parts of the economy for further sensible growth and investments in fine companies with excellent reputations. SAUTER Feinmechanik GmbH is such a company and, with its products and services, is one of the world's leading suppliers in this segment. Zeitfracht is also a family business, so we are convinced that the family business SAUTER Feinmechanik is a good fit for us and a wise addition to our portfolio."

Zeitfracht Group will support the Metzingen-based company with its expertise, especially in digitalization, for example through Zeitfracht's own digital agency coconad. Conversely, previous Zeitfracht companies such as the space logistics company PTS will also benefit from the expertise of the mechanical engineering component manufacturer-for example, with the design and manufacture of parts for PTS's innovative logistics tracking system.

According to Felix Schöller, Managing Director of SAUTER Feinmechanik, the takeover sets the course for a successful future: "Digitalization is one of the challenges crucial to the success of both SAUTER Feinmechanik and the entire mechanical engineering sector that we will have to overcome in the coming years. Zeitfracht, with its many years of expertise in this area, will take us a big step forward. The acquisition will enable us to design our systems for machining production in an even more forward-looking way."

For more information contact:

Sauter North America Inc.

1116 Centre Road

Auburn Hills, MI 48326

734-207-0900

sales@sauter-group.us

www.sauter-group.com

Zeitfracht Group

www.zeitfracht.de

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