Flowframe becomes a new shareholder of Pfeifer

Munich-based investment holding company Flowframe SE has acquired Pfeifer Group, a specialist in rope and lifting technology based in Memmingen, Germany.

One of the oldest German companies, Pfeifer from Memmingen, has a new shareholder. The globally active group of companies, according to its own information, is one of the leading companies in rope and lifting technology, in transport and connection technology for prefabricated construction elements and in innovative solutions for large-scale lightweight architecture.

With the new strategic investor and partner Flowframe, the innovative capacity and international growth of the group of companies is to be expanded, the press release states.

Succession secured

"I am very pleased that we have secured the succession of our family business and found in Flowframe an entrepreneurial partner at eye level who understands us," says long-time company owner Gerhard Pfeifer, who himself managed the company in the 12th generation as managing partner for several decades.

"Many entrepreneurs are currently facing major challenges. Like Pfeifer, they often have a functioning and sustainable business model, but also a need for transformation. Flowframe sees itself as an active sparring partner, implementation supporter and network access," says Dr. Thomas Knecht, CEO of Flowframe SE.

Pfeifer: The Pfeifer division ‘Pfeifer Drako’ is particularly well-known in the lift industry as a manufacturer of lift ropes and fastenings.This division is based in Mülheim. The Pfeifer Group has its own subsidiaries in 15 countries in Europe, Asia and North America.

Flowframe invests in companies and company groups worldwide. Flowframe is backed by the founders of Primepulse SE, which specializes in IT/tech investments.

Weitere Informationen: pfeifer.info
flowframe.com