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Change of ownership: SMS group subsidiary Paul Wurth sells CTI Systems to its management
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Paul Wurth S.A. sells CTI Systems S.à r.l. to a team of six experienced key managers of CTI Systems, including the current CEO and CFO. With the management buy-out, SMS group and Paul Wurth will focus on their core business and the sustainable transformation of the metals industry, while CTI Systems will be free to pursue a targeted strategic vision that fully aligns with the unique dynamics of its clients and markets.
Founded in 1962, CTI Systems is an industrial manufacturer of specialist handling and storing solutions involving heavy and bulky loads, surface treatment solutions, intralogistics and special access solutions. Headquartered in Lentzweiler (Clervaux), Luxembourg, CTI Systems caters to the needs of some of the most prestigious industries in the world,...
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