EJOT Group has acquired Sormat to strengthen its competence in anchoring tech.
Sormat is a fastening and anchoring product manufacturer that is headquartered in Rusko, Finland. Sormat Oy employs nearly 80 people and will continue to operate as an independent subsidiary under the current management
EJOT Group combines medium-sized companies in the connection technology sector and is headquartered in Westphalian Bad Berleburg, Germany. Founded in 1922 as a screw factory, the EJOT Group now distributes its products in more than 100 countries with 32 international subsidiaries.
“We see this acquisition as a further development of the Building Fasteners business unit, opening up new fields of application and target groups in the construction industry,” said Christian Kocherscheidt, CEO and Shareholder of the EJOT group.
Ismo Laitakari, Managing Director of Sormat, added: “This acquisition continues the recent positive influence of German companies to the industries in South-West Finland. We are committed here at Sormat to develop our products, our manufacturing and international distribution to the new level as a member of the EJOT Group."
EJOT customers are primarily from the automotive and supplier industry as well as the construction industry. The EJOT Group includes EJOT Baubefestigungen GmbH, headquartered in Bad Laasphe. EJOT Baubefestigungen GmbH is the headquarters of the activities of the Construction Division, which develops and markets high-quality fastening solutions for the construction industry. The construction products are manufactured in the same factories as certified to the highest quality standards of the international automotive industry.