German steel distribution group Knauf Interfer has spun off a site in Bremen in a management buy-out. The facility is now owned by its managing director Bill Talayman and is continuing operations under the name Bremer Stahl Service GmbH.
In its statement on the sale, Knauf Interfer says that the group “… intends to focus on offering flat steel and processing services”, and therefore decided to sell the Bremen facility. The line of differentiation falls between coil/strip and heavy plate products. “Knauf Interfer is staying with the light materials, while we do the heavy materials,” Talayman says.
Bremen primarily sells plate with processing services such as flame cutting. Due to its coastal location it serves the shipbuilding industry, but also services other associated industries such as mechanical engineering, plant-builders and yellow goods, he tells Kallanish. The new owner has 37 years of experience working in the sector, he confirms.
Bremer Stahl Service is planning investments in new technologies to have processing services even more suited to the requirements of customers. Some of these are coming from outside the wider Bremen area, Talayman adds.