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Sormat Takes Over LIEBIG Mechanical Heavy Duty Anchor Business From Simpson Strong-Tie


News provided by

Sormat Holding

10 Jan, 2013, 07:00 GMT

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RUSKO, Finland, January 10, 2013 /PRNewswire/ --

On December 21, 2012 the internationally operating Sormat Group took over the business of LIEBIG mechanical heavy duty anchors from the Simpson Strong-Tie International Inc as part of its consistent development of its ETA approved anchoring product range. LIEBIG is a worldwide known brand of the undercut anchors for exceptionally high loads in cracked and non-cracked concrete.

     (Logo: http://photos.prnewswire.com/prnh/20130110/588388-a )

     (Logo: http://photos.prnewswire.com/prnh/20130110/588388-b )

Having already achieved success with its ETA approved S-KA throughbolts, PFG expansion anchors, S-UF façade anchors and LYT nail plugs, the Sormat Group has now taken the next step in its anchoring specialist strategy through the takeover of the LIEBIG brand and assets.

For Ismo Laitakari, managing director of the Sormat Group, the LIEBIG brand is a perfect complement to Sormat's current offering: "The strong LIEBIG brand not only gives us the opportunity to use and expand our knowledge as an ETA Option 1 throughbolt manufacturing company but also offers a great deal of potential for us in the global heavy duty anchor markets."

Through the takeover by the Sormat Group, development and manufacturing of the LIEBIG mechanical heavy duty anchor range will be consolidated to Sormat's state of the art manufacturing facilities in Finland. To the existing LIEBIG customers, and all new customers of the heavy duty anchors, Sormat will open a new service center in Trier, Germany, starting from February 2013.

"From a Simpson Strong-Tie point of the view, choosing  Sormat was the best way to ensure our customers that long term availability of this product line and state of the art service will continue to be provided with no disruption. In that sense, the deal with Sormat totally matches Simpson Strong-Tie core values and secures the business for the future," says Laurent Versluysen, the European Managing Director of Simpson Strong-Tie.

"I am proud to integrate LIEBIG's pioneering undercut anchor technologies to Sormat's manufacturing excellence, and to reinforce Sormat's position as the most advanced anchoring technology provider in the Northern Europe. I am also proud on behalf of the Sormat people who want to bring new positive stimulus to the economic atmosphere of the South-West Finland," commented Laitakari on the effects of the deal, "Our inspiration is to serve all LIEBIG customers through Sormat's new Central European service center with Sormat Super Service attitude."

    LIEBIG milestones                         SORMAT milestones
    o 1946 Liebig founded in Germany by
    Heinrich Liebig
 
                                              o 1970 Sormat founded in
                                              Finland by Tarmo Lieskivi
    o 1970 Liebig Ireland operations starts
                                              o 1980 Sormat started export
                                              to Scandinavian markets
    o 1985 Installation of new hardening
    plant
 
    o 1990 Liebig received ISO 9001 Quality
    Certification
                                              o 1991 Sormat entered the
                                              Russian markets
    o 1991 SUPERPLUS anchor launch (ETA 1
    granted 2001)
                                              o 1992 Sormat received ISO
                                              9001 Quality Certification
 
                                              o 2001 Sormat received ISO
                                              14001 Environmental
                                              Certification
 
                                              o 2002 Sormat acquires Dutch
                                              PFG brand
 
    o 2004 ETA Option 1 granted to ULTRAPLUS
 
    o 2006 ETA Option 1 granted to SAFETYBOLT
    and LIEBIG ANCHOR
 
                                              o 2008 ETA Option 1 granted to
                                              S-KA throughbolt
    o 2008 Simpson acquires Liebig
                                              o 2009 ETA Option 1 granted to
                                              S-KAH and HCR throughbolts
 
                                              o 2010 40th anniversary for
                                              Sormat Oy, and the world's
                                              only ETA Option 1 approved hot
                                              dip galvanized throughbolt
                                              S-KAK.
 
    - December 21, 2012 Sormat acquired Liebig brand and assets
 
    - February 2013, shipments to old and new customers start from Sormat's
    new warehouse in Trier, Germany.

Sormat Group was established in 1970. The group manufactures and markets premium fixings for the building industry. The group's production facilities and the main office in Finland are located in the municipality of Rusko in the South-West Finland. In 2012 the Sormat Group's turnover was € 20 million and it employs 75 professionals in 5 countries. http://www.sormat.com

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