Accompanied by Zerbach & Company Corporate Finance GmbH ("Z&C"), the owners of SORST Streckmetall GmbH ("SORST") were able to find a long-term committed partner for the further development of the company in the MEISER Group ("MEISER").
SORST was founded in 1867 by Wilhelm Sorst in Hanover as a locksmith's shop. In 1901, the industrial production of perforated sheeting began, followed by the manufacture of steel cabinets made of expanded metal in 1919. As early as 1921, SORST became the leading manufacturer of expanded metal and perforated sheeting in Germany. After the company was split into two divisions in 1998, today's SORST Streckmetall GmbH was formed. Since 2016, SORST has been the market leader for expanded metal in Germany and one of the leading brands in Europe.
In the same year, the US private equity fund EIH Capital Partners had acquired the company from Gibraltar Industries and has now reached the end of its investment period.
A strong strategic partner was found in MEISER, based in Schmelz-Limbach in the Saarland. MEISER is one of the world's leading companies in the fields of gratings, profiled metal gratings, staircase systems and GRP systems. The two main plants in Germany are located in Saarland and Vogtland. These are supplemented by numerous other production sites and branches worldwide.
