Global Sourcing Services AG
Industry: Industrials & Global Sourcing
Country: Switzerland
Transaction type: Succession
Acquisition: in 2021
Employees: 71
Turnover: CHF 16m
https://www.globalsourcingservices.ch/
Based in Sirnach (CH) and with production facilities in Shanghai, Global Sourcing Services AG (“GSS”) is a vertically integrated full-service engineering and manufacturing service provider as well as a global sourcing expert for mechatronic assemblies. Whilst the company’s Swiss headquarters acts as the “face” to clients, GSS uses its state-of-the-art production facilities in Shanghai to manage the production of complex mechatronic assemblies, conduct comprehensive quality testing and control of all products before they are sent to clients in Europe, as well as control a network of over 250 production partners. Under the slogan “Swiss Quality Made in China”, the company is strongly positioned in the outsourcing market and supplies large OEMs in a wide variety of industries with high-quality assemblies and components.
From its customers’ perspective, GSS acts as a supplier of assemblies and components; the company assumes responsibility over the following process steps: (1) design & engineering, (2) selection of the optimal materials and manufacturing processes, (3) sourcing of individual components in China through a network of over 250 suppliers, (4) assembly of mechatronic products and components, (5) comprehensive quality inspection, and (6) on-time delivery to the customer with all taxes and import duties paid. For some customers, GSS also offers integrated inventory management services (Vendor Managed Inventory).
Family Trust acquired a majority stake in the company as part of a corporate succession. The owners and co-CEOs Christoph Wilhelm and Esther Sauter will continue to lead the business on an interim basis whilst we conduct a structured search for a suitable successor. In addition, Family Trust is supporting the company’s further growth through its broad network of engineering consultancies (to increase engineering capacity) and potential clients, as well as with targeted sales measures.