It is with great sadness that we have to inform you of the death of supervisory board member and majority shareholder Walter Fust. He passed on 4th February 2025 after a short illness. His entrepreneurial vision, his passion for precision and his tireless commitment have left a lasting impression on the StarragTornos Group.

An entrepreneur with vision and foresight

Walter Fust was not only an exceptional entrepreneur in the retail and property sectors, but also a formative figure in the machine tool industry. He was quick to recognise the importance of technological excellence and strategic partnerships. With his longterm investment in Starrag and the groundbreaking merger with Tornos in 2023, he laid the foundations for today’s StarragTornos Group, which is now the fourth-largest machine tool manufacturer in Europe. Walter Fust was actively involved in the company until the end, supporting its strategic development as a member of the supervisory board and instigating key changes through his keen understanding of innovation and market potential. His deep connection to Starrag was evident not only in his investments, but also in his feel for technology, sales and customer relations.