SFS Group company acquires three businesses

Hoffmann SE, a company of SFS Group, is set to acquire three partner companies to extend its direct market access in Europe.

Hoffman is taking on Gödde GmbH, Oltrogge Werkzeuge GmbH and Hch. Perschmann GmbH – companies that have worked together for more than 30 years.

The three-decade working relationships between the companies has steadily intensified in recent years, according to the press statement, growing closer together operationally and culturally. An example is the recent integration of the local warehouses into Hoffmann’s LogisticCity in Nuremberg (Germany), an efficient logistics centre for quality tools in Europe.

Furthermore, the four companies benefit from each other in terms of product range design and infrastructure.

Subject to merger control law approval, these strategic acquisitions are to be completed by the end of March 2026.

“Internationalise our trading business”

SFS Group said this move was a continuation of its aim to internationalise its trading business, following the acquisition of Hoffmann Group in 2022.

SFS said: “The European tool trade market is characterised by intense competitive pressure and increasing customer demands in terms of product range and availability, as well as digitalisation. This environment poses challenges for small and medium-sized enterprises in particular. The acquisition of the three partners by Hoffmann SE in the Distribution & Logistics (D&L) segment of SFS will enable the companies to join their forces and achieve advantages in terms of expertise and costs.”

In addition to Gödde GmbH, Oltrogge Werkzeuge GmbH and Hch. Perschmann GmbH, all based in Germany, the partner network also includes Perschmann sp. z o.o. in Poland and Gödde SRL in Belgium. As of January 1, 2026, all companies belong to Hoffmann and are part of the SFS Group. The established locations and management teams of the companies will be retained during the transition.

The three partners will generate third-party sales of around EUR 270 million in 2025 and employ a total of approximately 450 people. As they already purchase their products from Hoffmann, this represents an increase in sales of approximately EUR 130 million for the SFS Group.

Strengthening of market position

SFS added: “The acquisition of the three sales partners strengthens the Hoffmann Group’s leading position in indirect requirements in industrial manufacturing. Further synergies in the areas of service offerings, supply chain, and internal structures are being strategically evaluated and implemented. The resulting advantages in terms of performance and costs will open up new opportunities for all parties.”

Gödde, Oltrogge, and Perschmann will be gradually integrated into Hoffmann SE over the next few years. In the interests of continuity, the focus will remain on creating and increasing added value for customers.

SFS Group expects the three purchase transactions to be completed by the end of March 2026, subject to approval under merger control law.