The Stertil Group has announced the acquisition of Nussbaum Custom Lifts GmbH and Nussbaum World Lifts GmbH, in Kehl, Germany. This acquisition demonstrates the Stertil Group’s commitment to the continued investment in providing world class vehicle lifting solutions to the vehicle maintenance, repair and service industries for both private and public workshops and OEM manufacturers around the world, the company says.
This combination, each with expertise in their own segment, is a perfect match whilst being operated, managed and marketed separately under the brands – Stertil-Koni and Nussbaum. Both companies will continue to distribute vehicle lifts through their existing and specialized distribution networks throughout the world.
Nussbaum is a high-quality manufacturer of world-class automotive light duty lifts. It is well known for, and was, in 1985, the inventor of the Double Scissor Lift – the JUMBO, and currently offers a complete range of game-changing light-duty vehicle lifts.
Stertil Group which markets its range of heavy-duty lifts under the trade name Stertil-Koni is the global number one heavy duty vehicle lift specialist. Its complete range of innovative and best-in-class lifts is the preferred brand around the world for lifting any heavy-duty commercial vehicle, the company says.
One of Stertil-Koni’s range of differentiated heavy-duty lifts is the regenerative wireless eco-friendly mobile vehicle lift —the EARTHLIFT, used in workshops globally and operated using the ebright Smart Control System.
The Nussbaum family have the peace of mind that their heritage, which was established almost 50 years ago and which has been grown with passion and hard-work are in good hands. The new owners, the Stertil Group, will further grow and nurture this heritage at the production facilities in Kehl. Frank Scherer has been appointed as the managing director of Nussbaum, the company says.
“We are happy and proud to welcome Nussbaum to the Stertil Group which will be a valuable addition and will enable us to widen our presence across the industry and offer a complete vehicle lift selection. Nussbaum is a very reputable and excellent strategic-fit with a complete program of innovative lifts for its specialist market within the light-duty vehicle segment,” say Ulbe Bijlsma and Bennie Stapensea, Stertil Group
“Stertil-Koni will continue to focus on providing innovative, differentiated heavy-duty vehicle lifts maintaining its number one worldwide position as the specialist in heavy duty vehicle lifts. Nussbaum has a leading position in their home market Germany, as well as in many countries around the world. The headquarter and the two production sites are located in Kehl, Germany. Nussbaum has approximately 250 employees with an anticipated turnover in 2022 of €50 million (US$56.8 million). Both focused on providing the best possible lifting solutions within their respective and specialist segments and as separate distribution, production and sales organizations under their well-established trade names and brands. This addition means that the Stertil Group grows substantially towards more than 750 employees worldwide and an annual turnover of more than €200 million (US$227.4 million). We look forward to pursuing the long-term strategies put in place by the Stertil Group and bringing both businesses to the next phase in their development,” say Bijlsma and Stapensea.
Steffen Nussbaum says, “We believe Stertil and Nussbaum are a perfect fit in terms of product and mentality. With Nussbaum, the Stertil Group adds a company with an internationally recognized brand, loyal customer base, a very good product portfolio and most importantly a fantastic team. The Nussbaum family wishes the team, the management and the new owner a successful start and a bright future.”