StarragTornos Group AG
Company Profile
Business Description
StarragTornos Group AG is a Swiss industrial company specializing in the development, manufacture, and distribution of precision machine tools for milling, turning, boring, grinding, and complete machining of workpieces made from metal, composite materials, and ceramics. Formed in December 2023 through the merger of Starrag Group Holding AG and Tornos Holding Ltd., it operates via two divisions: Starrag, focusing on high-performance 5-axis machining centers, and Tornos, specializing in Swiss-type automatic lathes and multi-spindle machines. The company markets products under renowned brands including Berthiez, Bumotec, Dörries, Droop+Rein, Heckert, Ecospeed, Scharmann, SIP, Starrag, and TTL. Serving key sectors such as aerospace, energy, transportation, medical and dental technology, and luxury goods, its machines produce critical components for aircraft like the Airbus A380 and Boeing 787 Dreamliner. Headquartered in Rorschacherberg, Switzerland, with around 2,034 employees across production sites in Europe, Asia, and the Americas, StarragTornos Group AG plays a pivotal role in advancing the global metal-cutting machine tool industry through innovative technologies and comprehensive services.
Profitability & Growth
Profitability
Recent Year-End
Balance Sheet Snapshot
Total Cash (MRQ)
52.8M
Total Debt (MRQ)
23.2M
Current Ratio (MRQ)
2.26
Book Value / Share
57.22