The Ring Group is strengthening its punching machine business and taking over the assets and the majority of the staff
from Schoen + Sandt


Good news for Pirmasens as a business location and for the local labour market.
The Ring Group is taking over the assets and the majority of the staff from Schoen + Sandt, thereby expanding its portfolio.
Around ten weeks after schoen + sandt machinery GmbH filed for insolvency, there is now a
prospect for the future.

The owner-managed Ring Group has reached an agreement with the insolvency administrator, Jürgen Roth, on the purchase of assets.
The family-run company RING is using this move to specifically
expand its own punching machine division in Pirmasens.

Particularly encouraging:
the deal secures the livelihoods of numerous families in the region.
More than half of the former schoen + sandt workforce is transferring directly to the Ring Group, where they will strengthen the team with immediate effect.
Global player RING (founded in 1921) has around 400 employees worldwide and branches in the USA,
Brazil, Shanghai, Romania, Italy, Belgium, Luxembourg, Poland, the Netherlands and Canada.
The machine manufacturer RING is synonymous with expertise and know-how; amongst other things, it is the market leader in the fields of
perforation, die-cutting machines, special-purpose machines and footwear machinery, and is the go-to partner for the automotive industry when it comes to the development of car seats.