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SFS Group AG ( (CH:SFSN) ) has issued an announcement.
SFS Group AG, a Swiss specialist in fastening systems and engineered solutions, continues to expand its presence in the European construction sector with a focus on high-quality fastening technologies. The group is listed on SIX Swiss Exchange and serves a broad customer base in building applications and other industrial markets.
The company is acquiring Harald Zahn GmbH, a leading German provider of flat roof fastening systems with around EUR 8 million in sales and 45 employees. The deal, effective 1 April, enhances SFS’s position in the German and Austrian construction markets by adding specialist flat roof expertise and strengthening its product offering for building envelope applications.
The most recent analyst rating on (CH:SFSN) stock is a Buy with a CHF137.00 price target. To see the full list of analyst forecasts on SFS Group AG stock, see the CH:SFSN Stock Forecast page.
More about SFS Group AG
SFS Group AG is a Switzerland-based industrial group listed on SIX Swiss Exchange that develops and supplies fastening systems and related solutions for construction and other sectors. The company serves international markets with a focus on high-performance fastening technology and engineered components, strengthening its footprint across Europe through targeted acquisitions.
Average Trading Volume: 36,540
Technical Sentiment Signal: Strong Buy
Current Market Cap: CHF4.59B
See more data about SFSN stock on TipRanks’ Stock Analysis page.