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Paul Sternlieb

Chief Executive Officer, President & Director, ENERPAC TOOL GROUP CORP

Search every verified Paul Sternlieb interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. During Enerpac Tool Group's third-quarter fiscal 2026 earnings call on June 25, 2026, CEO Paul Sternlieb announced that the company had signed a definitive agreement to acquire Specialized Fabrication Equipment Group (SF Group). Sternlieb stated that the acquisition is expected to close in the first quarter of fiscal 2027, subject to regulatory approvals and customary closing conditions. He said the addition of SF Group would expand Enerpac's addressable market by approximately $1 billion, raising the total serviceable addressable market from roughly $4.5 billion to $5.5 billion. Sternlieb described SF Group as having exposure to higher-growth end markets and geographies, and said it comes with a strong management team that will remain with Enerpac. He noted that the company sees opportunities to leverage Enerpac's international distributor network and national account relationships, while also gaining access to channels where Enerpac is underpenetrated, such as the welding channel. Sternlieb added that while early cost synergies may be limited as the company focuses on integration and top-line growth, the company sees longer-term opportunities for operational and sourcing synergies.

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