Strategic Acquisition

A Consistent Step in Our Growth Strategy
The Frauenthal Automotive Division combines two strong business units: Frauenthal Gnotec – Specialist in pressed and welded metal components and Frauenthal Airtank – Manufacturer of compressed air tanks for automotive and commercial vehicle applications.

With production facilities in Sweden, Germany, Slovakia, the Czech Republic, as well as China and the United States, Frauenthal Automotive generated revenues of approximately €207 million in 2024 and employed around 1,000 people.

Why Frauenthal?

• Complementary expertise in advanced pressing and welding technologies
• Access to an international production and customer footprint
• Strengthened position in the automotive and commercial vehicle sectors
• Expanded global presence across Europe, North America and Asia

Following the transaction, STEELCO is expected to generate annualized revenues of approximately €345 million. This significantly accelerates our strategic ambition to build a leading industrial group and to sustainably exceed the €200 million revenue milestone outlined in our growth roadmap.