As part of its expansion strategy, St\u00f6lting Service Group GmbH has acquired the CDS service group from Freiburg.<\/p>\n
The CDS Dienstleistungsgruppe provides a wide range of personnel services for a diverse client base in Baden-W\u00fcrttemberg. Its focus is on security, cleaning and certified training for relevant employees. Last year, the CDS Service Group employed a total of 800 people at its headquarters in Ihringen near Freiburg and seven other branches in L\u00f6rrach, Ulm, Villingen-Schwenningen, Stuttgart, Metzingen, Mannheim and Mainz. Both in terms of its professional and regional positioning, the CDS Service Group is an ideal fit for the St\u00f6lting Service Group and its expansion strategy.<\/p>\n
Hans Mosbacher, Managing Partner, St\u00f6lting Service Group:
\n\u201eThe purchase represents an important milestone for our company, and not only because it is one of the largest corporate acquisitions in our 120-year history. More importantly, it will enable the St\u00f6lting Service Group to offer its complete portfolio in Baden-W\u00fcrttemberg in the future.\u201c<\/p>\n
Christian Schn\u00fcrle, Managing Director of CDS Dienstleistungsgruppe:
\n\u201eRight from the start, discussions with the St\u00f6lting Service Group, and in particular with the Mosbacher family, showed that the corporate and human values of both companies are a very good fit. Ultimately, it was not only a commercial decision, but also an emotional one to continue the success story of CDS within the St\u00f6lting family in the future. I will continue to contribute to this personally as the managing director.\u201c<\/p>\n
Both parties agreed not to disclose the details of the takeover, particularly the purchase price.<\/p>\n