# SFO Group acquires remaining shares of SHW Werkzeugmaschinen from Zeitfracht

SFO Group acquired the remaining shares of SHW Werkzeugmaschinen GmbH from Berlin-based Zeitfracht GmbH & Co. KG, becoming the sole shareholder. The acquisition was announced on September 11, 2019.

- Type: Acquisition
- Announced: 2019-09-11
- Where: Wasseralfingen, Aalen, Germany
- Status: completed
- Products: traveling column and portal machines, machining centers
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [SFO Group](https://endata.com/companies/19062.md) (acquirer)
- [SHW Werkzeugmaschinen](https://endata.com/companies/19063.md) (target)
- [Zeitfracht GmbH & Co. KG](https://endata.com/companies/42042.md) (partner)

## Sources

- [shw-wm.de](https://shw-wm.de/en/family-office-sfo-is-sole-shareholder-of-shw-werkzeugmaschinen/), 2019-09-11: "The specialist for traveling column and portal machines as well as machining centers is now wholly owned by the SFO Group, after the latter took over the shares of Berlin-based Zeitfracht GmbH & Co. KG in the Wasseralfingen-based company and is now the 100 percent owner of the company."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.