Director Menno Kooistra acquires majority interest in STT
In the current time, we are delighted to announce that after a year and a half of preparation, General Manager Menno Kooistra acquired a majority interest in STT Products B.V. on May 1st 2020. With this, founder Piet Steursma takes a step back after 34 years. STT Products B.V. has flourished in recent years under the reign of Kooistra, with Steursma as the driving force behind the scenes. Despite the economic uncertainties, all parties now thought it to be the right time for this great step towards the future.
Steursma founded his company Steursma Engineering in 1986, which focused on the production of parts for medical devices. After considerable growth, Menno Kooistra was appointed as managing director in 2007. In 2020, STT Products B.V. employs 40 professionals and develops high-quality special machines for the manufacturing industry. A good time for Steursma to take more distance.
Kooistra: “The takeover had been in the pipeline for some time. After being a director for over ten years, we started looking at participation as an owner a year and a half ago. A step in line with the expectations for us as a company ”. “The time had now come, this is a great step to continue the growth for the company and for Menno,” Steursma wants to say.
Both Menno Kooistra and Piet Steursma consider it important to emphasize that continuity is guaranteed with the acquisition of the majority interest. “We will continue on the same foot as in previous years. Customers and suppliers can continue to count on us” says Kooistra.