Feintool has signed a syndicated loan agreement totalling CHF 90 million with six banks from Switzerland and Germany. The contract, signed on June 13, has a term of five years and secures future investments within the planned growth of Feintool.
Feintool in brief
Feintool is an internationally active technology and market leader in the field of fineblanking This technology is distinguished by cost-effectiveness, quality and productivity.
As an innovation driver, Feintool consistently pushes the boundaries of fineblanking and develops smart solutions for its customers' ideas with two possibilities: On the one hand, our fineblanking systems and innovative tools and, on the other hand, the complete production of precise fineblanking and formed components in high volumes for demanding industrial applications.
Feintool covers the entire process chain. The processes used by Feintool support the trends in the automobile industry. Thus, Feintool is a project and development partner in the field of lightweight construction, different module types, and alternative drive concepts, such as hybrid and electric.
The company founded in 1959 and headquartered in Lyss, Switzerland, has its own production plants and technology centers in Europe, the United States, China and Japan so it is always near its customers. Around 2,200 employees and nearly 70 trainees work worldwide on new solutions and create key advantages for Feintool's customers.
Feintool International Holding AG
Industriering 8 - CH-3250 Lyss
Switzerland
www.feintool.com
Spokesperson
Stefan Diepenbrock
Telefon +41 32 387 52 32
Mobile +41 79 342 73 08
stefan.diepenbrock@feintool.com
The press release can be downloaded from the following link:
