Doerrenberg: Takeover of a tool steel stock
- Doerrenberg takes over around 9,000 tonnes of tool steel and special qualities
- Partnership with DEW expanded
- Short-term increase in working capital
Wuppertal, 5 December 2025 - Our wholly owned subsidiary Dörrenberg Edelstahl GmbH yesterday concluded an agreement to acquire the tool steel stock of Deutsche Edelstahlwerke (DEW), based in Witten, Germany. This transaction, which involves an investment volume of more than 20 million euros, is a further step in Doerrenberg's strategic orientation towards becoming a focussed tool steel distributor. With the acquisition of around 9,000 tonnes of tool steel and special qualities, Doerrenberg is not only positioning itself as a distribution partner of DEW but is also significantly strengthening its overall market presence in the tool steel sector.
Mit der Übernahme der rund 9.000 Tonnen Werkzeugstahl und Sondergüten positioniert sich Doerrenberg nicht nur als Distributionspartner der DEW, sondern stärkt auch die gesamte Marktpräsenz im Bereich Werkzeugstahl maßgeblich.
DEW, a reliable and experienced manufacturer of tool steel and long-standing partner company, has announced that it will be focussing more strongly on direct plant business and production in future. Doerrenberg will become DEW's distribution partner for tool steel: DEW customers will be able to purchase DEW tool steel from Doerrenberg in future.
"By expanding our stock programme, we are not only creating a high availability of over 30,000 tonnes of tool steel but also offering our customers even better delivery performance based on our modern logistics and additional processing services," said Marc Breidenbach, Managing Director of Dörrenberg Edelstahl GmbH. We intend to significantly reduce the significant increase in working capital at the end of this year associated with the transaction in the coming year with our successful measures of recent years."
About Doerrenberg:
As an all-in-one tool steel solutions provider, Doerrenberg today positions itself as a central partner for integrated tool steel solutions. The claim goes far beyond mere delivery: Doerrenberg develops solutions. From technical advice, material selection and mechanical processing to heat treatment and coating, the company offers a comprehensive portfolio of services from a single source. In combination with high material availability and an efficient logistics concept, Doerrenberg enables close, reliable cooperation, even beyond the classic range of materials.
Around 400 employees at 12 locations worldwide form the company's centre of excellence. Their expertise and Doerrenberg's distinctive innovative strength ensure sustainable successful development - today and in the future.
About GESCO:
GESCO SE is an industrial group with market- and technology-leading companies in the capital goods industry, specialising in Materials Refinement & Distribution, Lifescience & Healthcare and Industrial Assets & Infrastructure. As a Prime Standard-listed company, GESCO offers institutional and private investors access to a portfolio of hidden champions in the industrial SME sector.
Contact:
Peter Alex
Head of Investor Relations & Communications
Phone: +49 (0) 202 24820-18
Email: ir@gesco.de
Internet: www.gesco.de