GMH Gruppe has acquired 100% of the shares in Kind & Co., Edelstahlwerk, GmbH & Co. KG (Kind&Co). The company specialises in the production and refinement of high-alloy steels and offers a wide range of tool steels and special alloys. Kind&Co, based in Wiehl, generated sales of around 125 million euros in 2023. Its integration will strengthen GMH Gruppe’s position in the tool steel industry, particularly in the segment of hot-work tool steels, in which Kind&Co holds an outstanding international position.
The integration of Kind&Co will enable GMH Gruppe to tap into new market segments, expand its product range and significantly increase its service level for customers. Kind&Co’s hot-work tool steels are used in particular in die casting, extrusion and drop forging, which will diversify GMH Gruppe’s sales market portfolio.
Kind&Co’s expertise in research and development will also support GMH Gruppe’s ongoing innovation efforts.
