In December 2019, OSG acquired the German tool manufacturer BASS and the MAG coldforming technology. Now the German OSG group was restructured under a holding.
Since 1 December 2020, the companies OSG, BASS, OSG EX-CELL-O and WEXO Präzisionswerkzeuge are organised under the umbrella of the OSG Germany Holding GmbH. Previously, the individual companies were subsidiary or parent companies.
The restructuring of the German OSG Group creates clear structures and competences. "It was important to us that the German subsidiaries of OSG operate on an equal playing field, not only because of our company philosophy, but also on paper," says Yasushi Suzuki, Managing Director of the holding and of OSG EX-CELL-O. In addition to Yasushi Suzuki, Hideaki Osawa, Oliver Schunter and Martin Zeller are also part of the management of the recently founded holding.
Oliver Schunter emphasises that independence and culture of each company will be maintained. "The holding company reports directly to the European headquarters of OSG in Belgium and is responsible for the strategy of the German group".
"We learn from each other and consistently focus on best practices within the group. Our goal has always been and remains to always offer our customers and partners the optimal solution", explains Martin Zeller, who is also managing director of BASS.
Hideaki "Bobby" Osawa, Managing Director and Board Member of OSG EUROPE, Managing Officer and Board Member of OSG Corporation, grandson of the OSG founder Hideo Osawa and member of the founder family and also shareholder of the in Japan stock listed OSG, is also pleased about the restructuring: "We would like to make a contribution to the manufacturing industry with our cutting and forming tool technologies. With the new, powerful German group, we see ourselves in an excellent position to achieve this goal".