The story
The history of SFS began in 1928 with a hardware store in Altstätten (Switzerland). In 1949, a branch was opened in nearby Heerbrugg (Switzerland). Motivated by supply shortages, Josef Stadler and Hans Huber decided to set up their own screw manufacturing business and jointly founded SFS Presswerk AG in 1960. The foundation for the development of industrial activities was laid in 1960 with the establishment of an own screw manufacturing facility in Heerbrugg.
Both trading and manufacturing activities were continuously expanded in the following decades. Starting in 1971, the company built up an international network of marketing organizations. In 1993, the activities were consolidated under the umbrella of SFS Holding AG, and in 2014, the name was changed to SFS Group AG and the company went public.
SFS entered the blind riveting technology market in 2008 with the acquisition of GESIPA in Germany. GESIPA has been a global system supplier for blind riveting technology for more than 70 years and develops and manufactures blind rivets, blind rivet nuts, and the corresponding processing and assembly systems for industry and trade.
On September 1, 2012, SFS acquired Unisteel Technology Group, a Singapore-based company operating in the field of miniature fasteners (e.g., for smartphones, lifestyle electronics, and hard disk drives). The company is headquartered in Singapore and has additional production facilities in Malaysia and China.
Since 7 May 2014 SFS is listed on the SIX Swiss Exchange (SIX: SFSN).
In 2016, SFS acquired in Switzerland and Tegra Medical in the United States, increasing its activities in the medical technology sector and adding customers from both companies.
In 2021, the SFS Group acquired its long-standing partner Hoffmann SE headquartered in Germany. This enabled the company to internationalize its trading business and establish a leading position in the field of quality tools.
From Wikipedia’s article on SFS Group, shared under CC BY-SA 4.0.5