Munich, 05.11.2024 – The CERATIZIT Group has acquired a minority interest in Spanflug Technologies GmbH. The strategic investment is intended to promote synergies in product development, sales and internationalization.
A CMS team led by Dr. Jessica Mohaupt-Schneider provided Spanflug with comprehensive legal advice on all aspects of the investment. The company regularly relies on the expertise of CMS. Spanflug was part of CMS's own start-up support program equIP, which the company has since successfully outgrown. With this program, CMS aims to support start-ups and young, innovative companies in the digital and tech sectors. To this end, CMS provides the companies with comprehensive legal advice on an equal footing.
Spanflug Technologies GmbH is a technology company based in Munich that operates a platform for the efficient procurement of production parts. Spanflug's goal is to digitally connect supply and demand, automate processes and thereby make procurement as fast and easy as possible for customers and suppliers. Spanflug was founded as a spin-off of the Institute for Machine Tools and Industrial Management (iwb) at the Technical University of Munich and is supported by UnternehmerTUM. Since 2020, the German Machine Tool Builders' Association (VDW) has been involved in Spanflug.
CERATIZIT S.A., a Plansee Group company with more than 7,000 employees worldwide, is one of the leading suppliers of hard material solutions for machining and wear protection. The company, based in Luxembourg, develops and produces highly specialized cutting tools, indexable inserts, rods made of hard materials, and wear parts.
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