Deals

RHI AG sold two fused cast production plants to LIVIA

127 RHI - Podolsk
Datum:
2017
Branche:
Refractories
Länder:
Austria, Germany, Italy, Poland
Competences:
Sell side

MP Corporate Finance acted as the exclusive financial advisor to RHI AG in the sale of Refel S.p.A and CJSC RHI Podolsk Refractories, two fused cast manufacturers, to Munich based Investor LIVIA Corporate Development.

RHI AG is a globally operating supplier of high-grade refractory products, systems and services. RHI AG employs c. 7,900 employees, operates around 30 production facilities and more than 70 sales offices, generates a turnover of € 1.7 billion and has recently merged with Magnesita.

Refel S.p.A., headquartered in San Vito al Tagliamento in Italy, is an established leading manufacturer of high quality fused-cast refractory products for the global glass industry.

CJSC RHI Podolsk Refractories, headquartered in Moscow, Russia, is the leading local player in the Russian fused-cast refractory market.

The divestiture of the two production units was motivated by the implementation of a new strategy for the business unit Glass.

LIVIA is an independent industrial holding as well as the private investment firm of Prof. Dr. Dr. Peter Löw. LIVIA invests in a diverse spectrum of assets, ranging from corporates, real estate, agricultural, emerging markets, and fine arts & antiques.

MPCF executed the transaction leveraging upon outstanding Carve-out expertise, successfully approaching the challenges related to cutting the ties between the Group and the two targets (incl. IT, Sales, Purchase, Legal). On top of that, the deal team of MPCF secured a confidential process and adopted to the requirements of a publicly listed seller, coordinated six bidders throughout due diligence phase, and led the commercial negotiations in close cooperation with the principals and lawyers.

RHI AG sold its dolomite business consisting of the production sites in Marone, Italy and Lugones, Spain

rhi_intocast_dolomite_420x140_2
Datum:
2017
Branche:
Refractories
Länder:
Austria, Germany, Italy, Spain
Competences:
Carve out, Spin off

MP Corporate Finance acted as the exclusive financial advisor to RHI AG in the carve out of two of its European production plants to fulfil its commitments towards the European Commission following the merger of RHI and Magnesita.

The combination of the two leading refractories players, RHI AG (Austria) and Magnesita Refratários S.A. (Brazil) was approved by the European Commission on June 28th 2017. On September 8th 2017, RHI and Magnesita signed contracts with the German refractories supplier Intocast AG regarding the sale of three European production plants to fulfil their commitments towards the European Commission. The contribution to revenue of the three plants amounted to roughly € 100 million in the financial year 2016.

For the closing of the transaction, the European Commission has to confirm the buyer. The sale of the three production sites is a condition for the execution of the merger of RHI and Magnesita.

The MPCF transaction team supported RHI and Magnesita during the entire divestment process. The team executed financial and operational carve out analysis, liaised with investors and legal teams and facilitated a smooth process in a highly complex deal with multiple stakeholders.

Magnesita sold its business related to the production and supply of magnesia carbon bricks produced at the company’s Oberhausen facility, in Germany

magnesita_intocast420x140
Datum:
2017
Branche:
Refractories
Länder:
Germany, Brazil
Competences:
Carve out, Spin off

MP Corporate Finance acted as the exclusive financial advisor to Magnesita Refratários S.A. in the carve out of one of its European production plants to fulfil its commitments towards the European Commission following the merger of RHI and Magnesita.

The combination of the two leading refractories players, RHI AG (Austria) and Magnesita Refratários S.A. (Brazil) was approved by the European Commission on June 28th 2017. On September 8th 2017, RHI and Magnesita signed contracts with the German refractories supplier Intocast AG regarding the sale of three European production plants to fulfil their commitments towards the European Commission.The contribution to revenue of the three plants amounted to roughly € 100 million in the financial year 2016.

For the closing of the transaction, the European Commission has to confirm the buyer. The sale of the three production sites is a condition for the execution of the merger of RHI and Magnesita.

The MPCF transaction team supported RHI and Magnesita during the entire divestment process. The team executed financial and operational carve out analysis, liaised with investors and legal teams and facilitated a smooth process in a highly complex deal with multiple stakeholders.

Ayala Corporation’s industrial unit acquired MT Misslbeck Technologies GmbH

123 Ayala - Misslbeck
Datum:
2017
Branche:
Automotive Electronics
Länder:
Philippines, Germany
Competences:
Buy side, Buy & Build, Cross border

MP Corporate Finance acted as the exclusive M&A advisor to Ayala Corporation, one of the largest business groups in the Philippines, in the acquisition of MT Misslbeck Technologies GmbH by its industrial arm, AC Industrial Technology Holdings Inc., as the group advances its strategy to be a more active player in the development and production of next-generation Automotive technologies.

Ayala Corporation, the Philippines‘ oldest conglomerate with businesses in real estate, financial services, telecommunications, water, and a broad range of industries, has recently embarked on expanding its presence in the industrials space through its subsidiary, AC Industrial Technology Holdings Inc. (“AC Industrials”). AC Industrials currently holds Ayala’s interests in Integrated Micro-Electronics, Inc., the 6th largest Automotive electronics manufacturing services provider in the world based on revenues, and partnerships with Automotive OEMs Honda, Isuzu, Volkswagen and Austrian motorcycle company KTM AG.

Since last year, AC Industrials has actively pursued investments to assemble a portfolio of businesses that develop, enable, manufacture, and commercialize Automotive and other industrial technologies. MT Misslbeck Technologies GmbH is the latest addition to this portfolio, supporting Ayala’s goal to enhance its development and manufacturing service offerings for next-generation cars.

MT Misslbeck Technologies GmbH is a 148-year-old German Automotive preferred supplier specializing in modelling and cubing, design and manufacturing of injection moulds for Automotive parts, and serial production of high-end Automotive plastic parts. Headquartered in Ingolstadt, a town in Bavaria, the company is within close proximity to Audi’s headquarters, among other leading Automotive suppliers.

MP Corporate Finance supported Ayala through the entire acquisition process. The Automotive Electronics transaction team played a key role in managing the due diligence, transaction analysis and structuring, all cross-border communications, and SPA negotiations. Based on deep industry knowledge and extensive transaction experience in the global Automotive Electronics industry, MP Corporate Finance was able to tailor the M&A process to advance Ayala’s interests.

BLG acquired Kitzinger Logistics Group

122 Blg_Kico
Datum:
2017
Branche:
Business Services
Länder:
Germany
Competences:
Buy side

MP Corporate Finance acted as M&A advisor to BLG LOGISTICS in the acquisition of forwarding company Kitzinger & Co. and its subsidiary Arno Rosenlöcher.

With retroactive effect from the beginning of 2017, BLG LOGISTICS has taken over forwarding company Kitzinger & Co. (GmbH & Co. KG) as well as its subsidiary Arno Rosenlöcher (GmbH & Co. KG). Both companies have been well known on the market for many years under the umbrella brand KICO.

KiCo has a strong focus on the ocean and air freight segments as well as services targeting temperature-controlled transports. The company’s eleven branches at strategically important locations throughout Germany excellently complement BLG’s existing network of representations, thus ensuring coverage of the whole country. After takeovers in 2016, KICO is a key component in BLG’s strategy of further expanding its forwarding business and gives BLG another strong pillar in its CONTRACT business area.

MP Corporate Finance acted as market advisor to BLG in the identification and approach of potential partners, also acting as valuable sparring partner for BLG’s management in focusing its growth and acquisition strategy. In close cooperation and coordination with BLG, MPCF succeeded in bringing multiple potential partners to the negotiating table, thus allowing BLG to choose the ideal partner for this transaction.

Pharmacelsus GmbH sold to GBA Group

Pharmacelsus - GBA
Datum:
2017
Branche:
Healthcare
Länder:
Germany
Competences:
Sell side

MP Corporate Finance acted as the exclusive financial advisor to the shareholders of Pharmacelsus GmbH, a leading German preclinical contract research organisation, in the sale of Pharmacelsus to GBA Group, backed by Quadriga Capital.

Pharmacelsus, founded in year 2000, is Germany´s market-leading early stage contract research organization (CRO). The company specializes in project-critical testing services for small molecules and peptides.

Pharmacelsus’ service portfolio comprises the complete drug discovery and development testing program (in vitro, in vivo, ex vivo) as well as G(C)LP and non-GLP bioanalysis. The company is located in Saarbrucken, near the French border and serves life science companies and academic institutions in all major European pharma markets and the US.

The GBA Group is a leading lab service provider with 12 subsidiaries in the Germanic region. The company is backed by Quadriga Capital. With this transaction, GBA strengthens its growing Pharmaceutical division. Both companies expect to benefit from synergies due to substantial cross-selling opportunities and operational benefits.

MP Corporate Finance supported Pharmacelsus’ shareholders during the entire process. The transaction team executed a detailed successor analysis and prepared all process-related documents. MPCF managed communications with investors and took the commercial lead in SPA negotiations. MP Corporate Finance executed a swift and tailored M&A process, drawing on extensive transaction experience and deep pharmaceutical industry know-how.

Mecaplast Group sold its Truck business to mutares

Mecaplast Mutares
Datum:
2017
Branche:
Automotive Plastics, Injection Moulding
Länder:
France, Germany, Italy
Competences:
Sell side, Carve out, Cross border

MP Corporate Finance acted as the exclusive financial advisor to Mecaplast Group in the carve out of its Truck business to private equity investor mutares as add-on for STS.

Headquartered in Paris, Mecaplast Group is a leading automotive plastics supplier for engine, interior and body parts serving OEMs on a global scale with innovative solutions and superior quality products.

In course of the strategic decision to focus on its passenger car core segment, Mecaplast Group divested its Truck business to the German private equity investor mutares.

Mecaplast Group’s Truck business is an established provider of high-quality injection-moulded parts and complete systems for light-weight and heavy trucks. The business consists of two profitable plants based in Izernore and Précigné, France. The two sites generate revenues of c. EUR 70m with 340 employees in total. Both sites are strategically located close to major Truck OEMs.

The acquisition by mutares represents an add-on for its portfolio company STS-Acoustics. STS is a leading provider of innovative solutions for acoustic and thermal insulation supplying almost all European truck manufacturers out of three sites in Italy. Through the acquisition, STS will significantly broaden its customer base and product portfolio.

MP Corporate Finance supported Mecaplast Group throughout the entire carve out process. The transaction team performed a detailed investor analysis and prepared all process-related documentation. MPCF’s experts managed communication with investors and took the commercial lead in SPA negotiations. MP Corporate Finance executed a tailored M&A process based on deep industry knowledge and extensive transaction experience in the global automotive plastics industry.

Regnerbau Calw sold to The Toro Company

Perrot - TORO
Datum:
2016
Branche:
Metal
Länder:
USA, Germany, Poland
Competences:
Sell side, Cross border

MP Corporate Finance acted as the exclusive financial advisor to the owners of Regnerbau Calw and its wholly owned subsidiary Perrot Polska in the sale of the company to US-based The Toro Company, a leading provider of professional irrigation equipment and Solutions.

Regnerbau Calw is a world-market leader in specialist irrigation solutions for professional applications, mainly targeting sports turf irrigation. Through its wholly owned subsidiary Perrot Polska, the Company further provides high-quality pipes and quick-coupling solutions for temporary aquifer systems.

The acquisition of Regnerbau Calw allows The Toro Company to tap into complementary niche market applications in professional irrigation solutions. Says Rick Olson, CEO of The Toro Company: “This acquisition is consistent with our strategy to grow in the professional, water and global markets, and provides an expanded offering of professional irrigation solutions to better serve our customers.”

Through the transaction Regnerbau Calw will greatly profit from The Toro Company’s outstanding sales presence and corporate structure, thus offering unique opportunities to further develop and grow its successful business. According to Mr Fleig, former co-owner of the Company “Toro will help expand our global footprint and take our business to the next level”.

MP Corporate Finance took the helm during the thorough due diligence as well as the final negotiation phase, managing and aligning different mind-sets and ways-of-work resulting from an owner-managed SME target and a global corporate buyer. MP Corporate Finance thus succeeded in ensuring a time- and resource efficient process.

PolyCine GmbH sold to Armira

117 PolyCine - Armira
Datum:
2016
Branche:
Pharma Packaging, Pharma Outsourcing Services
Länder:
Germany
Competences:
Sell side

MP Corporate Finance acted as the exclusive financial advisor to the shareholders in the sale of PolyCine GmbH, the leading supplier to the pharmaceutical industry of non-PVC films for intravenous therapy bags to German industrial holding group Armira.

Founded in 2002, PolyCine GmbH is today a highly reputable supplier to the pharmaceutical industry as a global leader in specialty pharma packaging. Through its unique know-how and superior production process, the company provides the most advanced PP-based pharma films and tubes for parenteral applications such as intravenous therapy (IV), parenteral nutrition, blood component bags, dialysis (CAPD) or rinsing bags. With headquarters in Schiffweiler (DE) and an export share of more than 90%, PolyCine supplies pharmaceutical manufacturers in over 30 countries globally.

In course of a succession arrangement led by MPCF, the two founders sold the company to the Munich-based industrial holding Armira. With a long-term perspective as well as entrepreneurial mindset and backed by reputable entrepreneurial families, the new owner represents an ideal partner for PolyCine to sustainably develop the company and accompany its further growth path.

Based on extensive industry knowledge the transaction team of MPCF executed a swift and tailored M&A process and closely supported PolyCine’s shareholders throughout the entire process.

Schur Flexibles Group acquired a majority holding in Drukkerij Zwart

116 Schur_Zwart
Datum:
2016
Branche:
Packaging
Länder:
Austria, Germany, Netherlands, Russia
Competences:
Buy side, Buy & Build

MP Corporate Finance acted as the exclusive financial advisor to Schur Flexibles Group in the acquisition of a majority holding in Drukkerij Zwart, one of the leading Dutch companies in the flexible packaging sector.

The Schur Flexibles Group with 13 plants and its headquarter in Baden near Vienna and around 1,350 employees has specialised in innovative, high quality and made-to-measure high-barrier packaging solutions for the food, tobacco and pharmaceutical industries.

The acquisition of Zwart marks the first acquisition under the new owner, Lindsay Goldberg, initiating a new phase of growth.

Drukkerij Zwart B.V. supplies international customers in the tea, coffee and confectionary sectors and is increasingly represented on European as well as on international markets. Alongside the very modern and efficient main plant in Amersfoort in the Netherlands, the company also operates a production location in St. Petersburg in Russia. The current management will remain in place and continues to be co-owner of Zwart.

MP Corporate Finance (MPCF) has been retained by Schur Flexibles Group as financial advisor supporting the buy&build approach since 2011. In the context of the contemplated transaction, the project team of MPCF acted as overall project lead. Following the identification of the company, the initial approach of its owners, the valuation and drafting of the offer documentation, MPCF coordinated the due diligence team streamlining information flow towards a focused negotiation phase. MP Corporate Finance led the commercial negotiations in close cooperation with the principals and lawyers towards a mutual signing.

With the acquisition of Zwart, the Group has supplemented its portfolio by a true specialist in packaging production for smaller order sizes and further complemented its high-end product portfolio for well selected niche markets

Closing  of  the  transaction  is  subject  to  approvals  by  competition  authorities  in  certain  countries  and  other customary closing conditions.

Eberspächer acquired a majority stake in Vecture

Eberspächer - Vecture
Datum:
2016
Branche:
Automotive Electronics
Länder:
Canada, Germany
Competences:
Buy side, Cross border

MP Corporate Finance acted as the exclusive financial advisor to German automotive supplier Eberspächer Group in the acquisition of a majority stake in Canadian Vecture Inc., an industry-leading provider of battery management systems (BMS).

Based in Esslingen, the Eberspächer Group is one of the world’s leading system developers and suppliers of exhaust technology, vehicle heaters and bus air conditioning systems as well as a professional innovation partner for the automotive industry in air conditioning of special-purpose vehicles and in automotive electronics. Customers include almost all European and North American, and increasingly more Asian manufacturers of passenger cars and commercial vehicles. With more than 8,600 employees the internationally positioned group generates sales of about 4.4 billion Euros.

Vecture Inc. provides portable battery management systems (BMS) for medical, military and industrial applications. For more than ten years Vecture has developed, tested and produced BMS systems for customers in North America and Europe at its plant in Concord, Ontario. Founded in 2001, the company is a certified medical technology provider and a leader in the development of energy-saving and performance applications for special-purpose vehicles.

Eberspächer has acquired 80 percent of the shares in Vecture while the founders retain 20 percent and will continue to be active in the management of the company. With this investment, Eberspächer further expands its electronics business within the Automotive Controls division. Vecture’s extensive expertise in the development and production of mission critical battery management systems, and of complete energy storage systems, facilitates further expansion to the supplier’s vehicle electronics portfolio and provides an excellent basis to address the rapidly growing energy storage market.

Fastner Group sold to Saint Jean Industries

TS_420x140_fatsner_jean
Datum:
2016
Branche:
Automotive Metal
Länder:
Germany, France
Competences:
Sell side, Cross border

MP Corporate Finance acted as the exclusive financial advisor to Mr. Karl-Heinz Fastner in the sale of Fastner Group, a leading player in lightweight construction for luxury and sports car components, to AGR, the German subsidiary of Saint Jean Industries, France

Fastner Group (www.fastner.de) is a leading German automotive player in the
lightweight construction for luxury and sports car components. The company
specializes in machining of aluminium profiles and assembly of complex structural
components for car body shells, as well as casting components for automotive and
several other industries. Fastner is headquartered in Ilsfeld-Auenstein, Germany.

Saint Jean Industries (www.st-ji.com) is a family-owned international group based in
France. The company’s core business is the development and manufacturing of high
integrity/critical safety components and sub-assemblies for the automotive, truck,
motorcycle, industrial and aeronautical industries.

MP Corporate Finance undertook a strategic review of the shareholder’s exit options
considering both trade and private equity exit options. The transaction team
supported Mr. Fastner throughout the entire process, including investor selection,
extensive documentation and due diligence work as well as investor management
and commercial lead in SPA negotiations. MP Corporate Finance executed a tailored
M&A process based on deep industry knowledge and extensive transaction
experience in the global automotive industry.

Through the acquisition of Fastner, Saint Jean Industries expects to realize significant
technical and commercial synergies, due to highly complementary product and
customer portfolios. Fastner, on the other hand will benefit from the international
footprint as well as the leading technological positioning of St. Jean Industries.

KEBA AG acquired Kemas GmbH

109 Keba - Kemas
Datum:
2016
Branche:
Automation
Länder:
Austria, Germany
Competences:
Buy side, Cross Border

MP Corporate Finance acted as the exclusive financial advisor to KEBA AG in the acquisition of Kemas GmbH, the market leader in Germany in the field of customer and employee-operated transfer automation based on RFID Technology.

MP Corporate Finance was exclusively retained by the buyer to advise on the acquisition of an add-on for its existing KePol packaging station unit to further develop KEBA AG’s excellent technological capabilities and backing the business unit’s growth.

KEBA AG has acquired a majority shareholding in Kemas GmbH, with Hans-Jürgen Grämer, founder and CEO, and Björn Grämer, CFO, remaining as minority shareholders.

Founded in 1991, Kemas is the industry-independent technology leader of automated transfer systems to optimise business processes. Kemas has over 600 customers, with well over 4,000 installed systems and 1,000,000 transactions daily.

KEBA AG is an industrial electronics company and has devoted the last 40 years to the development and production of complete, innovative, high-quality automation solutions for the Industrial Automation, Banking and Service Automation, and Energy Automation.

KePol is a reliable, safe, automated solution for picking-up and dropping-off parcels and any kind of goods. Today, KEBA has valuable knowledge from a variety of customer projects across the entire world and is the global market leader with more than 5,000 lockers sold.

Leveraging upon the excellent technological capabilities of Kemas and the extensive customer and distribution network of KEBA, the newly extended business unit intends to accelerate its growth potential over the coming years.

capiton sold Schur Flexibles Group to Lindsay Goldberg

TS_capiton_schur_420x140
Datum:
2016
Branche:
Packaging
Länder:
Germany, Austria, USA
Competences:
Cross border, PE-Exit, Sell side

MP Corporate Finance acted as the exclusive financial advisor to capiton and the management in the sale of Schur Flexibles Group, a European leader in high-quality flexible packaging products to private equity investor Lindsay Goldberg, represented in Europe by Lindsay Goldberg Vogel.

Headquartered in Baden, Austria, the Schur Flexibles Group is a leading supplier of high value-added flexible packaging solutions for the food, tobacco and pharmaceutical markets. The company covers the entire value chain of the packaging industry, from raw material sourcing to extrusion, printing, lamination and converting.

Schur Flexibles Group was created over the past five years by capiton and the CEO and co-owner Jakob A. Mosser through realization of a buy-and-build concept. Today, the group consists of twelve companies with eleven production sites in Germany, Finland, Denmark, Holland, Poland, Slovakia and Greece. In 2015, the group generated sales of almost € 370 million and employed more than 1,100 employees.

After 8 acquisitions and 1 greenfield investment since 2011, the owners of Schur Flexibles Group have sold their shareholdings to Lindsay Goldberg, represented in Europe by Lindsay Goldberg Vogel. Management remains invested in the company and will continue to grow the group together with the new owners, also through further add-on acquisitions.

Körber AG sold Baltic Metall Grevesmühlen to Bader Group

TS_rocco2_420x140_neu
Datum:
2016
Branche:
Metal
Länder:
Germany
Competences:
Sell side, Distressed M&A, Carve out

MP Corporate Finance acted as the exclusive financial advisor to German technology Group Körber in divesting its sheet metal processing operations in Baltic Metalltechnik’s Grevesmühlen (DE) site to German Bader Group.

Körber AG is the holding company for an international technology group with approx. 11,500 employees around the world. The Group comprises leading-edge technology companies and over 100 production, service, and sales entities. At locations around the globe, Körber combines the benefits of a globally-present organization with the strengths of highly-specialized, flexible, medium-sized enterprises that offer their customers solutions, products, and services in the Business Areas of Automation, Logistics Systems, Machine Tools, Pharma Systems, Tissue, Tobacco and Corporate Ventures. The Körber Group generated sales of € 2.3 billion in fiscal year 2015.

Baltic Metall Grevesmühlen is a highly sophisticated manufacturer of sheet metal systems and solutions for the international machine tool industry. Formerly part of Körber Group’s Business Area Tobacco, the company specializes in complex machine housings, providing its customers with integrated housing systems, assembling sheet metal components as well as electronics, windows and fixtures.

Baltic Metall Grevesmühlen will be integrated into German Bader Group as a competence centre for stainless steel sheet metal processing. As such, the company will be able to further leverage and develop its existing skill set and vastly improve Bader Group’s own standing as an integrated, full-service provider of sheet metal systems.

Monofrax LLC sold to Callista Private Equity GmbH

110 RHI-Monfrax-Calista
Datum:
2016
Branche:
Construction
Länder:
Austria, Germany, USA
Competences:
Sell side, Carve out, Cross border, Distressed M&A, Financial engineering

MP Corporate Finance acted as the exclusive financial advisor to RHI AG in the sale of Monofrax LLC, a US based manufacturer of fused cast refractory materials that was not considered core business anymore, to Munich based Investor Callista Private Equity GmbH.

RHI is a globally operating supplier of high-grade refractory products, systems and services, which are indispensable for industrial high-temperature processes exceeding 1,200 °C. With roughly 7,900 employees, over 30 production facilities and more than 70 sales offices, RHI generates a turnover of € 1.7 billion and serves more than 10,000 customers from the steel, cement, nonferrous metals, glass, energy and chemical industries. As part of the group’s strategy to focus on its core business, RHI decided to divest non-core ventures to ensure these companies’ sustainable future development under dedicated new ownership.

Monofrax is a leading producer of fused cast refractory materials, mainly used within the construction of furnaces for glass manufacturing and other industries. The company has more than 80 years of experience with refractory materials and offers a very diversified, high quality product portfolio. The company provides the full range of products from commodity to premium fused cased refractory materials.

Munich based Callista Private Equity GmbH acquired 100% of shares in Monofrax LLC in a tender sales process.

Periscope GmbH sold its business operations to Cemtrex Inc.

TS_periscope_cemtrex_420x140_neu
Datum:
2016
Branche:
EMS
Länder:
Germany, USA
Competences:
Distressed M&A, Sell side, Cross border

MP Corporate Finance acted as the exclusive financial advisor to Periscope GmbH in the sale of its business operations during self-administrated insolvency to New York-based Cemtrex Inc., a Nasdaq-listed technology, industrial & manufacturing company.

With roots in one of the oldest German industrial conglomerates, Periscope provides high-end electronic manufacturing services, mainly for automotive and industrial applications.

Cemtrex is a stock-market listed industrial services company with headquarters in New York, NY, USA. The group provides high-end B2B products and services to various industries, including electronic manufacturing services through its German subsidiary ROB-Cemtrex.

The acquisition of Periscope marks another step in Cemtrex’s establishment of firm foothold in the European electronics industry. Together with ROB, Periscope is envisaged to secure a broader base and larger market share in Europe’s most important single EMS market. Says Cemtrex CEO Saagar Govil: ‘This acquisition is a significant strategic milestone in our effort to strengthen our position in the European EMS market and get into the exponentially growing automotive market. German automobile companies are driving innovation in the industry and we are eager to tap into this market for the future.’

For Periscope, who encountered increasing financial challenges during the second half of 2015, the acquisition by Cemtrex signifies securing future existence at its current location in Paderborn, Germany. With Cemtrex taking over all assets to continue electronic manufacturing operations, the vast majority of employees will be able to retain their jobs, helping develop the company, now operating as ROB Cemtrex Automotive GmbH, into a reliable and trusted partner to major Automotive OEMs and Tier-1 suppliers.

Süd BG acquired EPSa Elektronik & Präzisionsbau Saalfeld GmbH

103 SüdBG - EPSa
Datum:
2015
Branche:
EMS
Länder:
Germany
Competences:
Buy side

MP Corporate Finance acted as the exclusive market advisor to German private equity fund Süd Beteiligungen GmbH in the fund’s acquisition of EPSa Elektronik & Präzisionsbau Saalfeld GmbH, a provider of Electronic Manufacturing Services in Germany.

MP Corporate finance provided its substantial know-how in the electronics industry to the acquirers, consulting on EPSa’s market standing and competitive environment as well as technological capabilities.

Founded in 1991 through an MBO of Carl Zeiss Jena’s electronic manufacturing unit, EPSa nowadays employs some 210 staff, generating approx. € 30 million in turnover. The company is a renowned manufacturing partner for industrial electronics, counting global corporates as well as highly specialized SMEs among customers and providing a complete range of electronic manufacturing services (EMS). EPSa is furthermore active in the area of telematics solutions, building on its strong and experienced engineering and developing team and marketing its own fleet management solutions.

Backed by the dedicated new owner SüdBG, EPSa may serve as the platform for further growth in the German EMS industry through add-on acquisitions as well as leveraging of the company’s own Expertise.

Isowood majority-acquired by German TWE Group

102_TS_invest_isowood_twe_420x140
Datum:
2015
Branche:
Automotive
Länder:
Austria, Germany
Competences:
Sell side, PE-Exit

MP Corporate Finance acted as the exclusive financial advisor to the shareholders of Isowood in the sale of a majority stake to German TWE Group. Isowood is a technology leader in semi-finished, highly malleable carrier materials produced from natural- and glass fibres mainly for the automotive industry.

MP Corporate Finance was exclusively retained by the owners to advise on the engagement of a new strategic partner to further develop Isowood‘s excellent technological capabilities and backing the company‘s growth. During negotiations with several highly interested international strategic investors, TWE Group crystallised as the optimal partner for Isowood to ensure the sustainable development of the company.

TWE Group has acquired a 90% shareholding in Isowood, with Mag. Nikolaus Ernest, Managing Director of Isowood, keeping the remaining 10%. Invest AG fully divested its shareholdings in the company.

Founded in 1997 in Rudolstadt (DE), Isowood is a leading Tier-2 manufacturer of highly malleable carrier materials produced from natural- and glass Fibres. Although being a comparably small player in the Automotive sector, Isowood is well known in the entire Industry for its outstanding innovation power and exceptional project development competence.

TWE Group is a wholly privately-owned company ranking among the Top 10 independent producers of non-woven fabrics worldwide with revenues of € 300m. The Group is rapidly expanding including the acquisition of Vita in the US earlier this year which makes Isowood an ideal strategic fit in context of the group’s strategy.

INVEST AG is the investment arm of the Raiffeisen bank group of Upper Austria and is one of Austria’s leading private equity funds, with a fund volume of € 150m.

Lenzing Technik Automation & Robotik sold to cts GmbH

lenzing_cts_420x140
Datum:
2015
Branche:
AB/MMI, Business Services
Länder:
Austria, Germany
Competences:
Sell side, Carve out, Cross border

MP Corporate Finance acted as the exclusive financial advisor to Austria-based Lenzing AG in the sale of its non-core Automation & Robotics business to cts GmbH

Lenzing AG, headquartered in Austria, is the world’s leading producer of man-made cellulose fibres. In the course of its continued focus on the core business -man-made cellulose fibers- Lenzing AG disposed of non-core business units of Lenzing Technik. In this context, Lenzing AG sold the Automation & Robotics business unit to cts GmbH.

The Lenzing Technik Automation & Robotics business unit is a leading integrated provider in the area of process and manufacturing automation solutions as well as electrical, measurement and controls equipment (EMSR) service. The business unit has established local client relationships in the automotive, plant construction and process industry in Austria and Southern Germany.

cts GmbH with headquarter in Burgkirchen (DE), is a renowned supplier in the fields of energy technology, robotics and automation technology. Lenzing Technik’s Automation & Robotics unit ideally complements cts’ existing operations in Germany and Austria and will continue business under the name cts Lenzing GmbH.

LENZING AG sold DOLAN GmbH and ECF GmbH to WHEB Partners

95 Lenzing - Dolan,ECF - WHEB
Datum:
2015
Branche:
Plastics
Länder:
Austria, Germany, UK
Competences:
Carve out, Cross border, Sell side

MP Corporate Finance acted as the exclusive financial advisor to Austrian man-made fibre producer LENZING AG in the spin-off of the company’s acrylic fibre business.

As part of its efforts to further concentrate on its core business of manufacturing man-made cellulose fibres, Lenzing AG agreed to divest its acrylic fibre operations, represented by German DOLAN GmbH and ECF GmbH to UK-based private equity fund WHEB Partners and private investor Mr Jan Verdenhalven.

The sale to WHEB and Mr Verdenhalven sees both companies in capable hands to successfully develop the business and support DOLAN and ECF on their respective growth paths.

DOLAN manufactures high-quality spun-dyed acrylic fibres for demanding applications in soft car tops, outdoor upholstery and awnings, as well as technical acrylic fibres used in industrial filtration, highway construction and high-friction applications such as automotive brake-pads.

A joint-venture with Kelheim Fibres, ECF is a producer of carbon fibre precursor, an acrylic fibre used as raw material in the manufacturing of high-reliability carbon fibres. ECF’s particular precursor is qualified for use in automotive applications as well as interior fitting of aeroplanes and technical applications such as civil engineering.

The combined operations of DOLAN and ECF generated approx. € 70m in sales.

Kresta industries sold Kresta Paper GmbH to GapCon

92 Kresta
Datum:
2015
Branche:
Plant Construction
Länder:
Austria, Germany
Competences:
Sell side, Cross border

MP Corporate Finance acted as the exclusive financial advisor to Austria-based Kresta industries GmbH in the sale of the technology centre for pulp & paper industry, Kresta paper GmbH, to German GapCon GmbH

KRESTA paper GmbH was founded in 2014, in St. Poelten, Austria and today employs approximately 40 specialists with extensive experience in paper machine technology including process technology, planning and automation. Following the transaction, Kresta paper GmbH will be rebadged as GapCon paper GmbH and will become an independent member of the GapCon group, itself a subsidiary of the German IRLE DEUZ group.

Established in 2006, the GapCon group offers a comprehensive array of services across all aspects of paper machine technology from sales, engineering and manufacture to rebuilds, relocations and complete turn-key project delivery. GapCon has pursued a robust growth strategy opening or acquiring bases in Italy, India and China. Through the acquisition, GapCon further strengthens its positioning as a specialist in pulp & paper.

KRESTA industries will remain supplier and service provider for the pulp & paper industry. In addition, the group advances its international expansion in the area of complex industrial plant construction with a particular focus on the chemical and petro-chemical industry as well as wood, food and pharma industries.

UET AG acquired Albis Technologies AG

91 uet_albis_420x140
Datum:
2015
Branche:
ICT
Länder:
Germany, Switzerland
Competences:
Buy side, Cross border

MP Corporate Finance acted as the exclusive financial advisor to UET United Electronic Technology AG, a listed technology holding company, in the acquisition of Albis Technologies AG.

UET United Electronic Technology AG is a listed holding company headquartered in Eschborn, Germany. The UET Group concentrates on the investment in medium-sized European companies primarily focusing within the Electronic and Technology sphere. At present the UET Group has a an investment portfolio comprising four companies (elcon, Letron, NewTal and Suconi) constituting telecommunication systems, electronic manufacturing services and installation, support and operation services.

Zurich-based Albis Technolgies AG was founded in 2008 by a team of telecom experts via a MBO (management buyout) from Siemens Switzerland. The company consists of three main business divisions offering access network technologies, multimedia technology solutions and R&D engineering services. With over 80 employees Albis Technologies AG is expected to generate revenues of approximately € 25m in 2015.

The signed transaction is structured as a combined cash purchase and share acquisition and is anticipated to close by July 2015. The current products and clients of Albis Technologies AG will contribute towards increasing UET Group’s market position. Particularly, the complementary product portfolio will enable growth in the areas of Carrier Ethernet, IP Network Migration and Energy Supply in order to better serve the telecommunication market. Subsequently, the transaction strengthens the Group’s geographic presence within Europe and gives the opportunity to support expansion objectives towards South America.

CLARUS Films GmbH acquired FCS GmbH

93 Clarus
Datum:
2015
Branche:
Packaging
Länder:
Germany
Competences:
Buy side

MP Corporate Finance acted as the exclusive financial advisor to CLARUS Films GmbH, the leading European foil distribution company in the acquisition of Folien Company – FCS GmbH.

CLARUS Films, is a leading European foil trading and converting company headquartered in Dietzenbach, Germany with operating presence in Austria, Belgium, Czech Republic, Poland, Portugal, Switzerland, the Netherlands and United Kingdom. CLARUS Films concentrates primarily on the production, slitting and trading of Polyolefin shrink film, BOPP (lamination) film and LLDPE film.

Hamburg-based Folien Company – FCS GmbH concentrates on the distribution of Laminating, Packaging and Label films as well as offering custom cutting services for various application industries. The company was formerly owned by the RAKO Group, one of the biggest manufacturers of self-adhesive labels globally.

In accordance with CLARUS Films’ strategic objectives of growing its European presence in order to maintain it´s position as the largest BOPP film distributor in Europe, Folien Company – FCS GmbH provided to be an ideal partner.

The acquisition brings about strategic value-add for both parties, especially for Folien Company – FCS GmbH as it will gain access to new regional markets through CLARUS Films’ existing sales channels in Europe as well as cross-selling potential in Germany for Folien Company’s products.

CLARUS Films’ growth strategy is backed by Munich-based PINOVA Capital who acquired a majority stake in CLARUS in 2012. PINOVA Capital is an independent Private Equity firm focusing on equity investments in high-growth, innovative small- and medium-sized companies in German-speaking Europe.

Solutions 30 S.E. acquired Connecting Cable GmbH

TS_Bell 420x140
Datum:
2014
Branche:
Business Services
Länder:
France, Germany
Competences:
Buy side, Buy&Build, Cross border

MP Corporate Finance acted as the exclusive financial advisor to French stock-market listed Solutions 30 SE in the acquisition of German Connecting Cable GmbH, a provider of B2B telecommunication-field-services.

Listed at NYSE’s Alternext market, Solutions 30 is a French service provider in the area of new digital technologies. With more than 1,700 employees, the company serves both the B2B as well as the B2C markets and caters to all industry sectors, amongst others IT/Telecom, Energy, Banking, Hospitality and Retail. Founded in 2003, Solutions 30 today is a leading player in Europe and recorded sales of € 94 million in 2013. The company continues to grow and aims expanding its activities further into additional regional markets in Europe.

Connecting Cable GmbH is a major contractor to leading German internet and telecommunication network carriers. The company offers network termination, last-mile installation and connection set-up services directly at the customer’s premises and employs one of the largest pools of field technicians in Germany, making it a considerable, independent player in the German market.

Following the acquisition of B+F Elektrotechnik in 2013, the acquisition of Connecting Cable GmbH marks a further step in Solution 30’s growth strategy in the German telecommunications market, and thus a successful continuation of its Buy-and-Build Strategy that MP Corporate Finance developed together with its Client.

Flextronics sold Paderborn site to Selcom and 4K Invest

TS_Periscope_www
Datum:
2014
Branche:
ICT - EMS
Länder:
USA, Germany, Italy
Competences:
Sell side, Carve out, Cross border

MP Corporate Finance acted as exclusive financial advisor to Flextronics International Ltd. in the spin-off of the company's German special business solutions unit in Paderborn to 4K Invest & Selcom SpA, who thereby gained a major footprint in the German EMS market.

Flextronics is a leading electronic manufacturing services (EMS) provider with international activities and customer exposure. The company generated $ 26.1 billion sales in 2014 and employs a staff of more than 200,000 employees.

The new owners of Periscope are a consortium of Selcom SpA, an Italian SME provider, which is financially backed by German private equity fund 4K Invest AG. Headquartered in Castel Maggiore, IT, Selcom operates sites in the US, Tunesia and China. Prior to the transaction, Selcom lacked significant customer exposure in Germany, which represents Europe’s biggest single EMS market. Periscope signifies the immediate establishment of a significant footprint for Selcom, thus enhancing the group’s profile as international EMS Provider.

Neways acquired BuS Group

89 Adorno - Neways BuS
Datum:
2014
Branche:
Electronics, EMS
Länder:
Netherlands, Germany
Competences:
Buy side, Cross border, Financial engineering

MP Corporate Finance acted as the exclusive financial advisor to Neways Electronics International NV, a Dutch stock-market listed EMS provider, in the acquisition of German BuS Group.

Neways is an Eindhoven-based EMS provider with operating subsidiaries in the Netherlands, Germany, Slovakia and China.
BuS Group, headquartered in Riesa, Lower Saxony in Germany, ranks among the top players in the German EMS market. With operations in Riesa, Erfurt (both Germany) and Decin (Czech Republic).
In an effort to strengthen its presence in Germany, Europe’s single biggest and most important EMS market, Neways was presented with an ideal partner in BuS Group. Together with our client, MP Corporate Finance identified synergies in customer portfolios and service offerings as well as in sourcing and sales activities between the two companies.
The transaction was financed by a mix of debt, equity and hybrid-capital instruments, including the issuance of approx. 1 million new shares in Neways as part of the purchase price consideration. Existing debt facilities of Neways were extended by € 20 million and complemented by a € 20 million subordinated convertible bond.
Through the transaction, the combined operations of Neways & BuS reshaped the European EMS landscape, pushing the new Neways Group to 5th position by revenues in Europe.

HTI re-capitalized by Investors

87 HTI (re-capitalized)
Datum:
2014
Branche:
Automotive, Metal, Plastics
Länder:
Austria, Germany, United Kingdom
Competences:
Sell side, Financial engineering, Cross border

MP Corporate Finance advised Austrian based light material component manufacturer HTI AG in its re-capitalization process. An international consortium of investors took over the majority of shares by way of a capital increase

High Tech Industries AG (HTI AG) is an integrated multi-material lightweight technology group, developing, manufacturing and assembling aluminium and plastic products mainly for the automotive and aircraft industry. The group generated more than € 110 million in total output with a workforce of approx. 850 employees operating at 4 manufacturing sites in 2013.

The consortium of investors consists of Metric Capital Partners, a European Private Equity investor with focus on complex restructuring transactions in the mid-market and ICS Partners an independent, sector-focused investment company with a strong background in the European automotive supplier industry.

The financial restructuring as well as the commitment granted by the new majority owners of the group enables HTI AG to pursue its positive operative development and realize its strategy of serving customers with high-quality products in its technological niche segments.

Kirchhoff Gruppe acquired Haueter AG

TS_mobile_3_neu_420x140
Datum:
2014
Branche:
Automotive
Länder:
Germany, Switzerland
Competences:
Buy side, Buy&Build

MP Corporate Finance acted as exclusive financial advisor to family owned, German KIRCHHOFF Group (via its Kirchhoff Mobility division) in the acquisition of Fritz Haueter AG, one of the leading dealers and car conversion companies for disabled people in Switzerland.

The transaction concluded an impressive regional expansion path, consequently taken by KIRCHHOFF Mobility during the last two years in the field of active and passive mobility solutions for disabled persons. With the recent transactions performed, the Group widened its local presence and increased the product and service offering for their clients.

Haueter AG is a well established Swiss company with a successful track record of more than 40 years in supplying innovative active as well as passive mobility solutions for handicapped people.

KIRCHHOFF Mobility, with its group companies is now active in Germany, Austria and Switzerland producing more than 2,500 individually modified vehicles annually and serving this market with an unrivaled branch network of 12 locations.

KIRCHHOFF Group is a leading, family owned, German group of companies with a deep integration into the automotive industry. In 2013, the group generated sales of c. € 1.6bn with c. 10,500 employees in c. 50 plants worldwide.

Elcon refinanced by financial investor

Quicksilver_420x140
Datum:
2013
Branche:
Electronics, Telecom
Länder:
Germany
Competences:
Financial engineering

MP Corporate Finance represented the German telecommunication network termination specialist Elcon Systemtechnik GmbH and the majority shareholders of stock listed UET United Electronic Technology AG in the financing process towards financial investors.

During the structured financing process Elcon Systemtechnik and UET United Electronic Technology were advised and represented by MP Corporate Finance in negotiations with international financial investors leading to the successful implementation of a long-term financing plan, enhancing the future development and prosperity of the companies.

Elecon Systemtechnik, located in Hartmannsdorf (DE), is a leading supplier of telecommunication access and transmission systems and network components for copper, fibre and coax infrastructure.

UET United Electronic Technology, publicly-traded at the Frankfurt Stock Exchange Entry Standard and located in Dortmund (DE), focusses on the investment in mid-sized German Electronics and High-Technology companies.

Solution30 acquired assets of B+F Elektrotechnik

1309 TS_BF_Solutions_420x140
Datum:
2013
Branche:
TIMES
Länder:
France, Germany
Competences:
Buy side, Buy&Build, Cross border, Distressed M&A

MP Corporate Finance acted as exclusive financial advisor to Solutions 30 S.A. in the acquisition of the assets of B+F Elektrotechnik GmbH.

Listed at NYSE’s Alternext market, Solutions 30 is a French service provider in the area of new digital technologies. With more than 1,500 employees, the company serves both the B2B as well as the B2C markets and caters to all industry sectors, amongst others IT/Telecom, Energy, Banking, Hospitality and Retail.

In pursuit of its growth strategy, Solutions 30 acquired the assets of insolvent B+F Elektrotechnik GmbH, a provider of B2B and B2C telecommunication installation services. B+F is an important contractors of one of Germany’s largest internet service providers. Solutions 30 acquired some of the major assets to further develop B+F’s business operations in future.

Founded in 2003, Solutions 30 today is a leading player in Europe and recorded sales of € 77 million in 2012. The company continues to grow and aims to further expand its activities into additional regional markets in Europe.

MP Corporate Finance was retained to develop and conduct a structured Buy-and-Build process in the German IT/telecommunication services market, where Solutions 30 strives to further develop its footprint in the area of B2B network termination installation and last mile services.

Kresta acquired majority stake in Triplan

1310 TS_KI_triplan420x140
Datum:
2013
Branche:
Plant Construction
Länder:
Austria, Germany
Competences:
Buy side, Buy&Build, Cross border

MP Corporate Finance acted as the exclusive financial advisor to KRESTA industries for the acquisition of publicly listed German TRIPLAN AG and the arrangement of the acquisition financing.

In pursuit of its long-term growth strategy KRESTA industries, a leading company in the field of plant construction services for the chemical, petrochemical and paper industries industry acquired the majority of the shares of TRIPLAN AG, one of Europe’s largest independent process engineering and industrial plant construction consulting companies, from Cross Industries AG.

KRESTA’s end-to-end plant construction solutions range from the basic engineering, consulting, over to component manufacturing and erection works to runtime lifecycle services. Headquartered in Austria, KRESTA is active worldwide with around 1,100 employees and at more than 15 industrial sites, generating a turnover of over EUR 180million and being well recognized as one of the leading players within this field.

TRIPLAN, headquartered near Frankfurt and publicly listed, offers high-tech engineering services for constructing complex production, industrial and power plants all over the world. Around 500 employees support customers in projects ranging from on-site operational management to comprehensive general contractor projects. Itsdecentralisedorganisation with branches in all the industrial areas of Germany, Austria and Switzerland is complemented by national sector centres for the chemicals & general plant construction, refinery & petrochemical and life sciences sector focal points, where it stand outs for its expertise in project implementation.

TRIPLAN’s process engineering, onsite-service and EPCM competencies complement the end-to-end value chain of KRESTA, expanding KRESTA’s engineering force with more than 400 specialist engineers.  The acquisition of TRIPLAN AG therefore perfectly fits with KRESTA’s long-term growth strategy and enables KRESTA to significantly strengthen its market position in the plant construction industry, further developing the group into an encompassing one-stop solution provider for clients globally.

MP Corporate Finance also accompanied KRESTA on the last 6 transactions within the previous years, advising on the long-term buy and build strategy and corporate financing. The complex transaction once more proves MPCF’s outstanding expertise in realizing growth-enhancing M&A transactions for plant construction industry clients.

Oecon sold to Portakabin

1308 ts_oecon_420x140
Datum:
2013
Branche:
MMI
Länder:
Austria, Germany, United Kingdom
Competences:
Sell side, Cross border

MP Corporate Finance acted as exclusive financial advisor to Invest AG, bmauctor Holding GmbH and Gföllner Fahrzeugbau und Containertechnik GmbH, as the three shareholders, in the sale of OECON Mobilraum GmbH to Portakabin Ltd.

OECON is active in rental as well as sale of mobile space systems in Germany having built an enviable reputation within this industry over the past 20 years, most notably in construction, construction related industries and a number of other sectors.

Portakabin, based in York, England, is a leading international player in the modular buildings industry with systems offered that enable the creation of buildings of any size, with multiplestoreys for hire and sale. PortakabinLtd’s main activities focus on office, healthcare and education buildings. Portakabin is part of the family-owned British Shepherd Group, founded in 1890 by the Shepherd family and generating an annual turnover of c. € 850 million with a total of c. 3,200 employees.

The acquisition of OECON is a key strategic move and part of the Portakabin Group’s European expansion plans. OECON will complement the current Portakabin operations in France, Belgium and Holland and provide the necessary routes to market for the extensive range of Portakabinmodular buildings within the office, healthcare and education sectors in Germany.

Schur acquired Alfa Beta Roto

schur_alfa beta_420x140
Datum:
2013
Branche:
Packaging
Länder:
Germany, Greece
Competences:
Buy side, Buy&Build, Cross border

MP Corporate Finance acted as the exclusive financial advisor to Schur Flexibles in the acquisition of Greek flexible packaging producer Alfa Beta Roto.

In course of the realization of the buy and build concept that was initiated by MP Corporate Finance together with a sector management team and capiton AG, MP Corporate Finance acted as exclusive financial advisor to Schur Flexibles in the acquisition of a majority stake in Greek flexible packaging company Alfa Beta Roto. This transaction is a consecutive step in the acquisitions series of Schur Flexibles starting 2011 and is another significant milestone in the realization of the buy and build concept.

Alfa Beta Roto is a Greece-based producer of consumer flexible packaging solutions and the leading roto-printing company in South Eastern Europe achieving revenues of c. EUR 40 million.

Schur Flexibles Group is a well-known packaging specialist in Europe with operations in Denmark, Germany, Poland, Finland and the Netherlands that produces high-end flexible packaging solutions for premium applications in the food, tobacco and health care industry. In 2012, Schur Flexibles generated sales of approximately EUR 180 million and employed on average some 770 staff.

capiton AG is an independent, partner owned private equity company with funds of approximately EUR 786 million under management. In its capacity as provider of equity finance, capiton supports management buy-outs and supplies growth financing to established, medium-sized companies

KIRCHHOFF Gruppe acquired HAAG Rehatechnik

kirchhoff haag rehatechnik
Datum:
2013
Branche:
Automotive
Länder:
Germany
Competences:
Buy side, Buy&Build

MP Corporate Finance acted as the exclusive financial advisor to KIRCHHOFF Group in the acquisition of HAAG Rehatechnik, a car conversion company with focus on innovative active mobility solutions for handicapped persons.

As part of its expansion strategy,  KIRCHHOFF Group is currently establishing a leading European player in the field of customized car conversion, KIRCHHOFF Mobility with focus on active and passive mobility solutions for disabled persons. The transaction was a further step forward for Kirchhoff Mobility to become an excellently technologically as well as regionally positioned service company in this niche market.

Haag Rehatechnik is an established German car conversion company with a successful track record of more than 30 years in supplying innovative active as well as passive mobility solutions for handicapped people based on the company’s excellent in-house R&D capabilities.

KIRCHHOFF Mobility, with its group companies REHA Group Automotive, Jelschen and PRUCKNER Rehatechnik, is currently active in the German and Austrian market producing more than 2,000 individually modified cars each year and serving this market with 9 locations.

KIRCHHOFF Group is a leading, family owned, German group of companies with a deep integration into the automotive industry. In 2012 the group generated sales of c. € 1.5bn with c. 10,000 employees worldwide.

KIRCHHOFF Gruppe acquired Pruckner Rehatechnik

Kirchhoff Pruckner
Datum:
2013
Branche:
Automotive
Länder:
Austria, Germany
Competences:
Buy side, Buy&Build, Cross border

MP Corporate Finance acted as exclusive financial advisor to KIRCHHOFF Group in the acquisition of Pruckner Rehatechnik, a car conversion company with focus on active and passive mobility solutions for dissabled persons.

Pruckner Rehatechnik is an established and leading Austrian car conversion company focusing on active and passive mobility assistance systems for handicapped people having been active in this specific field for more than 30 years already.

KIRCHHOFF Mobility, with its group companies REHA Group Automotive and Jelschen, is currently active in the German market producing more than 2,000 individually modified cars each year and serving the German market with 7 locations.KIRCHHOFF Group is a leading, family owned, German group of companies with a deep integration into the automotive industry. In 2012 the group generated sales of c. € 1,5 bn with c. 10.000 employees worldwide.

LPP Leiterplatten Pfullingen sold to Tecnomaster Group

LLP Tecnomaster
Datum:
2012
Branche:
Electronics, PCB
Länder:
Germany, Italy
Competences:
Cross border, Distressed M&A

MP Corporate Finance acted as exclusive financial advisor to the owners of LPP Leiterplatten Pfullingen in the sale to Italian Tecnomaster Group. Tecnomaster acquired LPP out of insolvency.

Due to a tight schedule resulting from LPP’s precarious situation, MPCF and its partners strived for a fast and efficient, though nevertheless structured process and were able to close the transaction within 2 months after signing the mandate agreement.

LPP is a leading manufacturer of printed circuit boards, based in Pfullingen near Stuttgart in Germany. The company produces a variety of PCBs, including double-sided-, multilayer- and high frequency control boards. LPP also offers layout and prototyping services, as well as realization of special applications, crafting PCBs with 75µm 4×4 mountings.

Headquartered in Pavia di Udine in Northern Italy, Tecnomaster Group is the result of the integration of Tecnomaster SpA, Corona SpA, SOS Electronic Engineering and Technomaster International. The group ranks among the top providers of printed circuit boards, capable of meeting also large bulk orders of its very diverse range of customers. Tecnomaster serves clients from various industries, including aviation & defence, automotive, medical, and power generation.

EN Electronic Network sold to Asteelflash

asteelflash
Datum:
2012
Branche:
Electronics
Länder:
Belgium, France, Germany
Competences:
Sell side, Cross border

MP Corporate Finance acted as exclusive financial advisor to the shareholders of EN ElectronicNetwork AG, the 2nd largest German EMS provider, in the sale to French AsteelFlash SA.

EN is the second largest independent German EMS provider and covers the entire value chain of electronic manufacturing services from design and production to after-sales services with 7 sites in Germany, the Czech Republic and Romania. Based in Bad Hersfeld, the company employs around 700 staff and had revenues of approximately € 150 million in 2011. Asteelflash Group SA is the second largest European EMS provider generating revenues of € 590 million with more than 5,700 employees in 2011. The company acts globally, running 25 sites in Europe, Asia, Africa and Northern America.

The combination will exploit significant operating synergies, including client portfolio coverage, the access to new regional market accounts and expansion of activities in segments already well catered for by one party, such as Industrial, Defense and Aerospace, Medical and Automotive.The acquisition will significantly enhance Asteelflash’s existing capabilities in electronic manufacturing and PCBA assembly services with the support of more than 30.000m² of manufacturing space. Asteelflash provides EN customers the possibility to access a fully global organization while the coverage of international and regional accounts will continuously be extended. The acquisition marks one further step for Asteelflash towards the self-set goal of being the number one in the European EMS industry.

Schur acquired Flexofol

Schur_flexofol
Datum:
2012
Branche:
Packaging
Länder:
Germany
Competences:
Buy side, Buy&Build

MP Corporate Finance acted as exclusive advisor to Schur Flexible in the acquisition of German flexible packaging producer Flexofol. The transaction is a partof successful buy & build - strategy in the flexible-packaging industry.

In course of the realisation of the buy and build concept that was initiated by MP Corporate Finance together with a sector management team and capiton AG, MP Corporate Finance acted as exclusive financial advisor to Schur Flexibles in the acquisition of German flexible packaging company Flexofol. This transaction followed the prior acquisitions of Schur Flexibles and CFS Kempten in 2012 and 2011 and is another significant step in the realisation of the concept.

Flexofol is a Kempten based producer of high end flexoprinted packaging solutions focussing on the dairy and meat industry. Schur Flexible is a well-known packaging company in Europe with operations in Denmark, Germany, Poland and the Netherlands which produces high-end flexible packaging solutions for premium applications in the food, tobacco and health care industry. capiton AG is an independent, partner owned private equity company with funds of approximately € 786 million under management. At present, caption AG’s portfolio consists of 12 medium-sized companies. In its capacity as provider of equity finance, capiton supports management buy-outs and supplies growth financing to established, medium-sized companies.

Pöllmann RA sold Müsing to Felbermayr Group

Pöllmann_Müsing_Felbermayr
Datum:
2012
Branche:
Construction
Länder:
Austria, Germany
Competences:
Cross border, Distressed M&A, Sell side

MP Corporate Finance acted as the exclusive financial adcisor to law office Hanns Pöllmann, the insolvency administrator of RM Beteilugungs GmbH - "Müsing Branch", a provider of specialised construction services & EOD in the trade sale to Felbermayr Group (AT).

Müsing Branch is a well reputed construction specialist with a niche strategy in hydraulic engineering on a small scale, special ground construction (mainly stabilisation and improvement of soils – an activity requiring much specialised know-how) and Explosive Ordnance Disposal (EOD), owning all corresponding licenses for this special sort of activities. Since its foundation, the company has realized a stunning number of projects with a geographical focus on Berlin and Brandenburg.

Felbermayr Group is a Europe-wide competent and high-performance partner with over 1,800 employees providing solutions for the most difficult transport problems as well as know-how and expertise in areas such as road, rail and water transport as well as the leasing of cranes, working platforms and lift trucks, and heavy assembly. In the construction field, the service portfolio is rounded out with areas ranging from building construction, underground construction and special ground constructions, demolition, the sale of gravel up to solutions for waste management.

Pöllmann RA sold Hagn Umwelttechnik to Felbermayr Group

hagn_felbr_420x140
Datum:
2012
Branche:
Construtcion
Länder:
Austria, Germany
Competences:
Cross border, Distressed M&A, Sell side

MP Corporate Finance acted as the exclusive financial advisor to law office Hanns Pöllmann, the insolvency administrator of Hagn Umwelt GmbH, a specialist for hydraulic engineering and environmental construction services in the trade sale to Felbermayr Group.

The Hagn Umwelt GmbH is a well reputed construction specialist with a niche strategy in hydraulic engineering and environmental construction services with a focus on landfill construction. Activities in landfill construction require meeting tough regulations (e.g. European Landfill Directive as well as national regulations). Depending on the kind of landfill, these regulations are for example aiming at sealing, dewatering and re-cultivation. Since its foundation, the company has realized a compelling number of projects all over Europe.

Felbermayr Group is a Europe-wide competent and high-performance partner with over 1,800 employees providing solutions for the most difficult transport problems as well as know-how and expertise in areas such as road, rail and water transport as well as the leasing of cranes, working platforms and lift trucks, and heavy assembly. In the construction field, the service portfolio is rounded out with areas ranging from building construction, underground construction and special ground constructions, demolition, the sale of gravel up to solutions for waste management.

PLUTA RA sold Reinhold Meister to Felbermayr Group

Pluta_Meister_Felbermay
Datum:
2012
Branche:
Construction
Länder:
Austria, Germany
Competences:
Cross border, Distressed M&A, Sell side

MP Corporate Finance acted as the exclusive financial advisor to law office PLUTA, the insolvency administrator of Reinhold Meister GmbH, a specialist for hydraulic engineering, earthworks and pipeline construction, in the trade sale to Felbermayr Group.

Reinhold Meister GmbH is a well reputed and highly experienced construction specialist with a niche strategy in hydraulic engineering and ground engineering. Since its foundation in 1974, the company has realized a stunning number of projects all over Europe. Felbermayr Group is a Europe-wide competent and high-performance partner with over 1,800 employees providing solutions for the most difficult transport problems as well as know-how and expertise in areas such as road, rail and water transport as well as the leasing of cranes, working platforms and lift trucks, and heavy assembly. In the construction field, the service portfolio is rounded out with areas ranging from building construction, underground construction and special ground constructions, demolition, the sale of gravel up to solutions for waste management.

CCS Customer Care & Solutions acquired Gohlke Elektronik

gohlke-groß
Datum:
2012
Branche:
Electronics
Länder:
Germany, Switzerland
Competences:
Buy side, Buy&Build, Cross border

MP Corporate Finance acted as the exclusive financial advisor to Swiss´CCS Customer & Care Solutions Holding AG in the acquisition of Gohlke Elektornik GmbH, an EMS provider, as part ot the buy & build strategy.

Following the two previously arranged transactions for CCS Group and in course of the aspired Buy & Build Strategy, MPCF advised its client on the acquisition of Gohlke including financial, strategic and integration-related aspects. This acquisition will complement CCS group, bringing together two companies that are an extremely good fit. It will secure the group’s market leadership in Switzerland and take it to the number five position in the German-speaking world in the E2MS sector, with revenues of approximately CHF 180 million. CCS has a strongly Asian-oriented production platform and already strengthened its position in the German speaking EMS market when it integrated Adaxys and its Swiss production locations in June 2011. It has locations in Switzerland, Sri Lanka, China and Hong Kong, generates annual revenues in excess of CHF 150 million and employs some 1,750 people.

Gohlke Elektronik GmbH, located in Hildesheim, Germany, focuses on technically challenging specific solutions, serving mainly small to medium-sized and industrial customers close to its North-East German base. Gohlke’s generates revenues of around EUR 23 million (CHF 28 million). The company was founded in 1990. In the interests of smooth succession planning and following a transitional phase, management of the company will be transferred entirely to the third managing director. The strategic combination of CCS and Gohlke will quickly enable synergies to be unlocked. Gohlke’s German production platform will give the CCS Group, which focuses on Switzerland and Asia, a foothold in the eurozone, while CCS’s Asian presence will grant Gohlke the access it needs to this procurement market. Opportunities will also be opened up in development and distribution. Complementary customer portfolios and locations, and technical expertise and know-how will significantly strengthen the positioning of CCS Group.

Zurmont Madison’s majority shareholding in CCS gives the group access to solid financing solutions that will enable it to continue to implement its defined buy-and-build strategy. This gives it a competitive edge in the attractive but hard-fought E2MS market and even greater flexibility in how it serves its small and medium-sized customers in the industrial, automotive, instrumentation and control technology, transport, communication, building services engineering and medical sectors. The joining of Gohlke takes the group into the eurozone and is an ideal way to extend the production and expertise platform. The broader production, knowledge and procurement base will strengthen the geographical presence in serving customers. Both sides stand to reap synergies from this combination

Capiton and New Management acquired Schur Flexible

schur-912x295
Datum:
2012
Branche:
Plastics
Länder:
Denmark, Germany
Competences:
Cross border, Buy side, Buy&Build

MP Corporate Finance acted as the exclusive financial advisor to Capiton AG and the management in the acquisition of flexible packaging manufacturer Schur Flexible from Schur International a/s as part of the buy & build strategy.

Schur Flexible is a well-known packaging company in Europe with operations in Denmark, Germany, Poland and the Netherlands which produces high-end flexible packaging solutions for premium applications in the food, tobacco and health care industry. In 2011, Schur Flexible generated sales of approximately EUR 73 million and employed on average some 350 staff.

Following the acquisition of CFS Kempten in October 2011, Schur Flexible is the second investment in the buy and build concept currently implemented by capiton and Mr. Jakob A. Mosser. The aim of this concept is to build a specialised European group with a focus on high-end converted flexible packaging solutions for the food, health care and cosmetics industries by combining several suitable companies. Schur Flexible is a well-suited addition to the buy and build concept and offers significant potential for synergies with CFS Kempten, particularly in sourcing, production and sales/distribution.

Schur Flexible Holding will be managed by Mr. Jakob A. Mosser, who together with Schur International is a significant shareholder in the new holding company. Mr. Jakob A. Mosser has managed and co-owned Unterland Flexible Packaging AG in Austria and for the last three years he has been the CEO of the Consumer Flexibles Division of Mondi.

Capiton AG is an independent, partnerowned private equity company with funds of approximately € 786 million under management. At present, caption AG’s portfolio consists of 12 medium-sized companies. In its capacity as provider of equity finance, capiton supports management buy-outs and supplies growth financing to established, medium-sized companies.

B&C Holding and Prologis sold Wiener Kühlhaus WKF to DZ Equity

wiener_dzequity
Datum:
2011
Branche:
Business Services, Consumer goods
Länder:
Austria, Germany, Netherlands
Competences:
Sell side, Cross border

MP Corporate Finance acted as the exclusive financial advisor to the owners of Wiener Kühlhaus WKF GmbH, the leading public cold store in Austria, in the sale of the shares to DZ Private Equity.

As part of B & C Industrieholding and Prologis European Developements B.V’s strategy of focusing on their core segments and finding a committed successor in further achieving a sustainably positive development of Wiener Kühlhaus WKF, MP Corporate Finance has conducted a discreet transaction process providing an optimal succession solution for all transaction-related parties.

DZ Equity Partner GmbH is the investment company of DZ BANK AG, a central financial institution of the cooperative banking group. DZ Equity Partner ranks among the leading financiers of equity capital in Germany, Austria and Switzerland. The distinguishing feature of DZ Equity Partner is its long-term investment horizon, and the willingness to also acquire minority stakes in medium-sized family-owned companies. Currently, DZ Equity Partner’s portfolio consists of 63 investments, which have been financed by DZ Equity Partner’s own funds as well as fund assets amounting EUR 450 million.

Prologis European Developments B.V. is a Netherlands-based subsidiary of Prologis, Inc., which engages in European real estate operation and development. Prologis Inc. is the leading global provider of industrial real estate, offering customers more than 55.7 million m2 in markets across the Americas, Europe and Asia. Since merging with AMB Property Corp. on June 3, 2011, Prologis, Inc. now manages combined total assets valued at more than USD 48 billion.

B & C Industrieholding, the management holding and wholly owned subsidiary of B & C Privatstiftung, is one of the largest investment companies in Austria. It focuses on pursuing the foundation’s mission to “foster Austrian entrepreneurship”, its key tasks include securing and promoting the continuity and growth of major Austrian companies by acting as a core shareholder, as well as investing free dividend income in new investments, where B&C aims at becoming a core shareholder. The investments held by the B & C Industrieholding is made up of the three core investments Lenzing, Semperit and Porr, as well as several other smaller investments in the services sector. In 2010, the B & C Industrieholding employed an annual total average of around 13,460 employees in 97 fully consolidated companies spread across three continents and 16 countries, generating sales of around EUR 5.3 billion. Wiener Kühlhaus WKF Ges.m.b.H., which was founded in 1978, is one of the largest cold stores in Austria, with a storage capacity of more than 150.000m³ equivalent to approximately 41.000 pallets. The storage activities of WKF are perfectly rounded off by additional service offers as for example handling, commissioning and transport & distribution management of stored goods. The second business pillar is the collection and pre processing of slaughter by products for the pet food industry.

Lenzing sold Hahl Pedex to Global Equity Partners and private co-investors

Lenzing_Pedex
Datum:
2011
Branche:
Plastics
Länder:
Austria, Germany
Competences:
Carve out, Cross border, Sell side

MP Corporate Finance acted as the exclusive financial advisor to Lenzing AG in the sale of Hahl-Pedex group, the market leader in plastic filaments, to Global Equity Partners and private co-investors.

As part of Lenzing AG’s strategic focus on its cellulose fibre operations, a decision was made to sell 100% of its non-core filament business, which consists of Hahl and Hahl US Group as well as Pedex Group. The Lenzing Group’s filament business is a globally leading producer of monofilament, bristle, abrasive and dental care filaments for industrial and consumer applications. The company operates four production sites in Germany (2x), the Czech Republic and the USA and has a broad product portfolio consisting of: Bristles for the tech & tool industry and household applications. Abrasives for industrial applications. Monofilaments for industrial filtration, paper machine clothing, automotive industry and consumer use. Dental & Personal Care Filaments.

Global Equity Partners is Austria’s largest Private Equity Fund with €550 million of assets under management. The acquisition of the Lenzing Group’s filament business complements Global Equity Partners’ focus on medium-sized growth companies with a leading market position in niche markets.

CFC Industriebeteiligungen acquired NewTal Elektronik und Systeme

cfc_newtal
Datum:
2011
Branche:
Electronics
Länder:
Germany
Competences:
Buy side, Buy&Build

MP Corporate Finance acted as the exclusive financial advisor to CFC Industriebeteiligungen AG in the acquisition of NewTal Elektronik und Systeme GmbH, an EMS provider, as part of the buy & build strategy

This included providing strategic advisory expertise and assisting in the negotiation and due diligence phases of the transaction.

NewTal Elektronik und Systeme GmbH develops, manufactures, and sells electronic components and systems, similar to Letron electronic GmbH, a company already owned by CFC Electronics. NewTal, headquartered in Southern Germany, established itself as a reliable partner for its customers in diverse industries and was owned by the previous managing partners, who acquired the company through an MBO in 2002. The combination of the homogenous product and service portfolios and the complementary distribution structures will result in extensive synergies and growth potential for both companies. Thereby, CFC consequently expands its successfully developed activities in the segment Electronic Manufacturing Services.

CFC is a holding company that develops medium-sized enterprises to “best in class” status through strategic and operating excellence. CFC regard themselves as active professional companion of companies in special situations, supporting holdings substantially with entrepreneurial comprehension and precise instruments for strategy, financing, processes, and management

Lind Møbler A/S sold Lind Møbler Slovakia to 3C Holding

lind_3cgruppe
Datum:
2011
Branche:
Consumer goods
Länder:
Denmark, Germany, Slovakia
Competences:
Carve out,Cross border, Sell side

MP Corporate Finance acted as the exclusive financial advisor to Lind Møbler Bramming A/S for the sale of of its Slovak subsidiary Lind Møbler Slovakia s.r.o. to 3C Holding GmbH.

Due to big changes in the business activities of the Danish Lind Group, the owner decided to sell the Slovakian subsidiary. After selling the Canadian business area in 2008 and the Mexican branch in 2009, Lind Mobler Slovakia s.r.o. was the last remaining operational business area of the Group.

The Lind Group was founded in Denmark by Mogens Lind in 1965. The company develops, produces and sells upholstery. Its customers are large store and furniture chains. In the early 1970s, the Lind Group became one of the world’s biggest furniture dealers for upholstery, with the result that production sites were set up in Denmark, Canada, Slovakia and Mexico over the next 35 years.

The 3C Group is a German upholstery manufacturer. The Group has various production sites in Central and Eastern Europe. 3C acquired Lind Mobler Slovakia to set up another Eastern European production and distribution centre and to strengthen the operative position of the 3C Group on the Scandinavian market with the “Lind” brand.

Zalai Nyomda sold to Carl Edelmann

zalai_edelmann
Datum:
2010
Branche:
Packaging
Länder:
Hungary, Germany
Competences:
Sell side, Cross border

MP Corporate Finance acted as the exclusive financial advisor to Zalai Nyomda Zrt in the sale to Edelmann Group.

The Hungarian Zalai Nyomda offeres a broad spectrum of paper packaging solutions for Blue-Chip customers in the food, health and electronic industries. In the last ten years, Zalai Nyomda showed a continuous growth supported by steady investments and modernisations, building a strong position in its local market and in Central and Eastern Europe.

As a member of the global packaging company Carl Edelmann, Zalai Nyomda gains direct access to various European markets, allowing the Group to deliver new packaging solutions and affordable quality products to Central and Eastern European markets based on demand.

With 12 production sites in Germany, Poland, France, Mexico, Hungary and China, the Edelmann Group is a leading supplier of high-quality innovative cardboard packaging solutions. The family enterprise was founded in Heidenheim in Baden-Württemberg in 1913 and produces pharmaceutical packaging, packaging for premium products of the consumer goods industry, particularly in the fields of cosmetics, hair dyes, sweets and tobacco products as well as package inserts and labels. In 2009, with its 1,532 employees, the Edelmann Group earned a turnover of EUR 180 million. Globally, the company produces 3.6 billion folded boxes and flyers.

Kresta acquired Eickhoff

kresta_eickhoff
Datum:
2010
Branche:
Plant construction
Länder:
Austria, Germany
Competences:
Buy side, Buy&Build, Cross border

MP Corporate Finance acted as the exclusive financial advisor to Kresta Industries a producer of industrial plants in the acquisition of Eickhoff Industrie-Anlagenbau und Montage GmbH, an on-site service provider to the energy and chemical industry, as part of the growth strategy

As part of its growth strategy, Kresta Anlagenbau, a leading company in the field of plant construction for the paper, chemicals and petrochemical industries, acquired 100% of the shares in Eickhoff Industrie-Anlagenbau und Montage GmbH from Georgsmarienhütte Holding. MP Corporate Finance was the exclusive transaction and financing consultant of Kresta Anlagenbau.

By acquiring Eickhoff GmbH, Kresta Anlagenbau GmbH will be able to further extend its market position and sustainably strengthen the areas of mechanical engineering, power plant technology, chemicals industry and metallurgical industry.

Kresta Anlagenbau focuses on industrial plant construction for the paper and pulp industry, petrochemical and chemicals industry, timbre industry and on the area of environmental technologies. With more than 500 employees, Kresta Anlagenbau is establishing itself as one of the leading players in this industry.

Eickhoff GmbH operates in the area of industrial repairs for the chemicals and steel industries and delivers high-quality components for power plant technology, such as compensators. With more than 140 employees, Eickhoff achieves an annual turnover of EUR 20 million.

LJH Holding sold Artax Kühlhaus Zentrum to Nordfrost

kühlhaus_nordfrost
Datum:
2010
Branche:
Business Services
Länder:
Germany, Austria
Competences:
Sell side, Cross border

MP Corporate Finance acted as the exclusive financial advisor to German LJH Holding GmbH and Austrian Artax AG in the sale of their shares in listed Kühlhaus Zentrum AG to Nordfrost GmbH & Co KG.

The two major shareholders decided to sell their interest in Kühlhaus Zentrum AG as the cold store business no longer formed a core segment of their activities.

Kühlhaus Zentrum AG, which is about to celebrate its 100 year anniversary next year, is one of the biggest cold stores in Hamburg with a storage capacity of more than 91.000m³ equivalent to approximately 23.000 euro pallets.

Nordfrost Group, based in Schortens/ Germany, is one of the market leaders in the German cold store business. The Group which is still family owned and run by Mr. Horst Bartels generates a turnover of € 400m with more than 2,000 employees. The acquisition will enlarge and support Nordfrost’s activities in the Hamburg Harbour.

Kendrion acquired Magneta

kendrion_magneta
Datum:
2010
Branche:
Electronics
Länder:
Germany, Netherlands
Competences:
Buy side, Buy&Build, Cross border

MP Corporate Finance acted as the exclusive advisor to Kendrion N.V. in the acquisition of German Magneta GmbH & Co KG, a manufacturer of electromagentic clutches and brakes.

As part of the long-term strategy of strengthening the existing activities of the industrial propulsion technology unit, Kendrion N.V. acquired 100% of magneta GmbH & Co. KG. magneta constitutes an important extension to the business unit in the areas of engineering, know-how, product range and an extension to the customer base. Furthermore, both companies profit from the synergy effects, such as the joint use of existing sales channels and the exchange of product knowledge and technical know-how.

Kendrion N.V., which is listed on the Amsterdam stock exchange, develops, produces and sells electromagnetic components for industrial and automobile applications. Kendrion electromagnets are used across the world in products such as lifts, door locks, industrial robots, medical equipment, electrical control boxes, diesel engines, air conditioning and engine cooling.

Magneta GmbH & Co. KG with offices in Aerzen, Germany, is a company specialising in the production of electromagnetic brakes and clutches, whose products are used, among others, in cash machines, industrial applications and in the automobile industry.

Oktagon acquired Flachglas Sachsen

oktagon_flach
Datum:
2008
Branche:
Construction
Länder:
Germany
Competences:
Buy side

MP Corporate Finance acted as the exclusive financial advisor to Oktagon Investment in the acquisition of Flachglas Sachsen GmbH, a producer of building material glass.

Sachsen Flachglas GmbH operates in the area of plate glass processing and produces and refines function double glazing with outstanding properties such as heat-insulating glass, sound proofing glass, sun protection glass and safety glass.

Oktagon Investment was founded in 2006 as an industry holding by three partners with many years of experience in the areas of restructuring advice, corporate finance and interims management. In terms of holdings, Oktagon Investment focuses on majority holdings in medium-sized companies in the German-speaking area with a turnover of between EUR 5 and 80 million.

Wuppermann acquired H&B Fertigungstechnik

wuper_hb_420x140
Datum:
2008
Branche:
Metal, Automotive
Länder:
Austria, Germany, Netherlands
Competences:
Buy side, Buy&Build, Cross border

MP Corporate Finance acted as the exclusive advisor to Wuppermann AG in the acquisition of H+B Fertigungstechnik GmbH, a producer of sheet metal structures for the commercial vehicle market.

H&B Fertigungstechnik GmbH has been producing welding assembly groups, components and parts since 2000 (made of general construction steel, special steel and aluminium) for use in the commercial vehicles industry, materials handling and hoisting technology, as well as custom builds, appliances and special series for mechanical engineering, etc. Important customers of the company include commercial vehicle construction, producers of materials handling and hoisting technology, manufacturers of rail vehicles, military technology and mechanical engineering. Before the takeover, the company was owned by private individuals.

The German family enterprise Wuppermann has its offices in Leverkusen. In Austria, the Wuppermann Group has four companies: Wuppermann Metalltechnik GmbH, Wuppermann Bandstahl GmbH, Wuppermann Austria GmbH and Dienstleistungsgesellschaft Wuppermann Business Services GmbH. 100% of the Wuppermann AG is owned by private individuals, earning profits of more than EUR 450 million – voestalpine Stahl GmbH owns a share of 30% in Wuppermann Austria GmbH and Wuppermann Bandstahl GmbH.

Kresta acquired KWE Stahl- und Industriebau

kresta_kwe
Datum:
2008
Branche:
Plant construction
Länder:
Austria, Germany
Competences:
Buy side, Buy&Build, Cross border

MP Corporate Finance acted as the exclusive financial advisor to Kresta Industries a producer of industrial plants in the acquisition of KWE Group an on-site service provider to the chemical industry, as part of the growth strategy

By acquiring the KWE Group, consisting of the group companies KWE Stahl- und Industriebau GmbH & Co. KG and KWE Ludwigshafen GmbH, which operate in the field of servicing steel constructions in the chemicals industry, the Kresta Group is able to sustainably strengthen its position in the chemicals industry and extend its forecast Group turnover.

KWE operates in the area of servicing steel constructions in the chemicals industry and with just over 100 employees, earns a turnover of approximately EUR 30 million. For decades, KWE has been running its own sites in eleven German chemical parks and has excellent access to the chemicals and petrochemical industry.

Kresta is a equipment construction company focusing on manufacturing appliances, containers and pipes for the paper and pulp industry, as well as on the area of renewable energies. The company was founded in 1986 and today ranks among the leading companies in its segment with a Group turnover of EUR 150 million and approximately 400 employees. Its export ratio is 85 percent, with deliveries to all continents.

Capiton sold Gimborn to Penta

gimborn_penta
Datum:
2008
Branche:
Consumer goods
Länder:
Germany, Slovakia
Competences:
Sell side, Cross border

MP Corporate Finance acted as the exclusive financial advisor to Capiton in the sale of high premium petfood manufacturer and retailer H. von Gimborn GmbH to Penta Investment.

For more than 30 years, Gimborn Holding GmbH has been producing and selling premium products for pets, particularly for cats. The product portfolio ranges from cat litter via supplements with vitamins and minerals to accessories for pets. The main sales channel is specialised shops. In addition, in the Czech Republic, Gimborn owns its own retail division for pet products.

Capiton is a financial investor managed by its owners, which holds shares in bigger medium-sized companies in Germany, Austria and Switzerland due to management buyouts and expansion financing. High-profit companies with a turnover of between EUR 50 and 500 million are preferred. In June 2006, Capiton obtained a 86% interest in Gimborn as part of a management buy-outs and developed the company further together with management.

Penta holds a share in companies with a total annual turnover of EUR 2.2 billion and which employ approx. 25,000 employees. The aim of Penta is to further strengthen the Eastern European business of Gimborn through this acquisition.

Actebis acquired NTPlus

actebis_ntplus
Datum:
2007
Branche:
TIMES
Länder:
Germany
Competences:
Buy side

MP Corporate Finance acted as the exclusive financial advisor to Actebis in the acquisition of TC-distributor NT Plus .

Die NT plus AG ist mit 400 Mio. Euro Umsatz der deutsche Marktführer für Distribution im Telekommunikations-Fachhandel. Die 1990 gegründete Gesellschaft verfügt mit über 12.000 aktiven Fachhandelspartnern sowie mit mehr als 10.000 Produkten aus den Bereichen Mobile Kommunikation, Netzvermarktung, Navigation, Endgeräte Festnetz, Office Equipment, TK-Anlagen und -Systeme von 120 Herstellern und Netzbetreibern über eine breite Kunden- und Lieferantenbasis.

Actebis wurde 1986 gegründet und ist ein führendes Großhandelsunternehmen für Produkte, Lösungen und Dienstleistungen aus den Bereichen Informationstechnologie, Telekommunikation und Unterhaltungselektronik in Europa. Es vertreibt rund 160.000 Artikel von 350 Herstellern sowie zahlreiche Mehrwertdienstleistungen. Der Konzern ist in sieben europäischen Ländern, in Dänemark, Deutschland, Frankreich, den Niederlanden, Norwegen, Österreich und Schweden mit eigenen Unternehmen aktiv.

Ziel der Actebis GmbH ist es, neben der Informationstechnologie und der Unterhaltungselektronik, die Telekommunikation als dritte strategische Säule sowohl in Deutschland als auch in Europa auszubauen.

Wieland Group sold Schleicher Electronic to Aurelius

wieland_aurelius
Datum:
2007
Branche:
Electronics
Länder:
Germany
Competences:
Sell side, Carve out

MP Corporate Finance acted as the exclusive financial advisor to Wieland Holding in the sale of Schleicher Electronics GmbH, a provider of industrial automation solutions, to Aurelius AG.

Wieland veräußerte die Anteile an Schleicher Electronic im Zuge der Konzentration auf die drei Geschäftsfelder elektrische Verbindungstechnik für die Industrie, Steckverbindersysteme für die Gebäudetechnik, und Elektronik für Industrie und Gebäudetechnik.

Schleicher Electronics ist ein führender Hersteller von Automatisierungs- und Sicherheitstechnik mit Schwerpunkt in der Umsetzung von Applikationen der Prozess-Automation im Anlagen- und Maschinenbau. Dazu entwickelt und produziert das Unternehmen elektronische Komponenten und Systeme von der Verdrahtungs- bis zur Steuerungs- / Bewegungsebene für renommierte Kunden der Fabrik- und Logistikautomation. Mit 120 Mitarbeitern erwirtschaftete Schleicher einen Umsatz von rund 20 Millionen Euro.

Die Wieland Gruppe mit Hauptsitz in Bamberg gehört mit einem Umsatz von mehr als 200 Millionen Euro und 2.000 Mitarbeitern mit zahlreichen internationalen Tochtergesellschaften zu den führenden Herstellern elektrischer Verbindungstechnik. Die Produktpalette von Wieland umfasst dabei über 20.000 unterschiedliche Komponenten für Automatisierungstechnik, Gebäudeinstallation und Elektronik.

Aurelius AG ist eine Industrieholding mit langfristigem Investitionshorizont, welche sich an Unternehmen mit operativem und finanziellem Entwicklungspotenzial beteiligt und deren Marktposition durch aktive Begleitung gesichert und ausgebaut werden kann.

STI acquired Petöfi Nyomda

STI_petöfi
Datum:
2007
Branche:
Packaging
Länder:
Germany, Hungary
Competences:
Buy side, Cross border

MP Corporate Finance acted as the exclusive advisor to the German display and foldig box manufacturer STI Group in the acquisition of Hungarian printing house Petöfi Nyomda Kft. from M-real Group.

Petofi Nyomda Kft. (GmbH) is the competence leader in the Central European market in the field of cardboard fold-up boxes and offset laminated packaging. In addition, the company offers self-adhesive labels in roles and print using UV technology. The company was founded in 1840 and has a total production area of 75,000 m².

On the one hand, STI offers solutions in the packaging area and on the other hand, it offers concepts/products for the product presentation at the Point of Sale (POS). The company is the European market leader in both areas.  STI has 5 production sites in Germany and one in the Czech Republic as well as several development and consultancy offices distributed across Europe, Australia and North America (West Coast).

M-real Group is the leading producer of primary cardboard fibres and is among the market leaders on the European paper market. The company offers cardboard boxes and special paper for the packaging, communication and advertising industries. Its customers includes brand companies, cardboard printers, processors, publishing houses, printing houses, retailers and suppliers of office supplies.

Capiton sold it`s stake back to Trenkwalder

Datum:
2007
Branche:
Business Services
Länder:
Austria, Germany
Competences:
Sell side

MP Corporate Finance acted as the exclusive financial advisor to Trenkwalder in the buyback of shares from the exiting Capiton Private Equity Fund.

Ring International acquired Iris Lack

rih_irislack
Datum:
2007
Branche:
Chemicals
Länder:
Austria, Germany
Competences:
Buy side, Buy&Build, Cross border

MP Corporate Finance acted as the exclusive financial advisor to Ring International Holding AG in the acquisition of Iris Lack GmbH as part of the buy & build strategy.

By opening the industrial paint division by acquiring the Austrian Rembrandtin in 2006, Ring International Holding (RIH) created another successful pillar for its business, which is to be developed by driving an active consolidation of the industrial paint area. As part of the implementation of this buy & build strategy, MP Corporate Finance carried out a discreet transaction process for Ring International Holding, which constituted an ideal solution for all parties involved.

Iris Lacke GmbH, which initially exclusively manufactured liquid paint for painters and varnishers, was foundedin 1930. Apart from the production of wet paint, the manufacture of environmentally friendly powder paint also started in 1989. Step by step, this production became the company’s core competence. With the Eitorf location, the Group’s product range was extended by the manufacture of high-quality powder paint. Iris Lacke GmbH offers an extensive range of epoxy resin, hybrid and polyester powders for varied industrial application areas.

Ring International Holding AG is a leading company group in the field of office supplies and industrial paint, with a total of 30 companies, of which 12 are production sites. Globally, RIH employs 1,300 staff on three continents. On a production area of 83,000 m², among others 1.7 billion soft plastic covers are manufactured each year, as are 60 million binder filling mechanisms, approximately 185 million level mechanisms for the office supplies industry, but also 20,000 tons of liquid coating for road markings, corrosion protection and other industrial applications such as 10,000 tons of powder coating for industrial applications.

Isowood GmbH acquired from Constantia Industries

isowood_constan
Datum:
2007
Branche:
Automotive, Construction
Länder:
Austria, Germany
Competences:
Financial engineering, Cross border

MP Corporate Finance acted as the exclusive financial advisor to the later CEO of Isowood in the acquisition of the company and in structuring the acquisition financing via a syndicate with Invest AG and senior lenders

Isowood GmbH is a leading manufacturer of wood plastic compounds (WPC). Tailored WPC made from natural fibres are combined with plastics and, depending on project requirements, linked with non-woven fabrics. The company delivers to well-known German automobile producers and system suppliers.

Invest AG with offices in Linz has, since 1994, enabled the owners and managers of medium-sized and smaller companies in Austria and Bavaria to implement expansion strategies (internal or through acquisition) and buyouts (MBO, MBI). Invest AG has holdings in companies and supports the further development of the company over three to eight years using equity capital financings.

Lenzing acquired Hahl Pedex

lenzing_hahl
Datum:
2007
Branche:
Plastics
Länder:
Austria, Germany
Competences:
Buy side, Cross border

MP Corporate Finance acted as the exclusive financial advisor to Lenzing AG in the acquisition of the Hahl Pedex group, the global market leader in plastic filaments.

The acquisition strengthens the subsidiary Lenzing Plastics, enabling it to further position itself as a successful European producer of plastic niche products. In the business year 2006, Lenzing Plastics earned a turnover of EUR 80 million and its parent company Lenzing AG earned more than EUR 1 billion.

Hahl Group GmbH, with offices in Munderkingen, Germany, is an important European manufacturers of cut plastics filaments for the manufacture of synthetic brushes, bristles and fabrics. These semi-finished products are used for industrial brushes (tool manufacture), abrasive filament for the surface treatment of steel, stones and floors as well as toothbrushes and industrial filtration purposes. With its 240 employees, the company achieved a turnover of approximately EUR 35 million in 2006. Its main markets are Europe and Asia and will include America in the future. The sellers are Granville Baird Capital Partners Advisers, which have been the owners of the company with the also selling managing owner of the company since 2003.

Lenzing Plastics with offices in Lenzing in Upper Austria is one of the leading manufacturers of polyolefin and fluoropolymer products. The core competence of the 100% subsidiary of Lenzing AG is the mono-axial stretching of polymers – a technology which enables films, small straps and thread with a very high consistency to be manufactured.

Kresta acquired Pama Papiermaschinen

kresta_pama
Datum:
2006
Branche:
Plant construction
Länder:
Austria, Germany
Competences:
Buy side, Buy&Build, Cross border

MP Corporate Finance acted as the exclusive financial advisor to Kresta Industries a producer of industrial plants in the acquisition of PAMA Papiermaschinen GmbH, a producer of paper machines, as part of the growth strategy

With complementary process technologies and an extended customer portfolio, the Group will be able to establish itself internationally as a full-range supplier for the paper industry and to enjoy a further competitive advantage of know-how and capacity unique in this industry.

Pama delivers innovative technologies such as the new CNC technology, CAD systems and paper analysis for manufacturers of paper and cardboard in Germany, Europe, Asia and overseas. With its expertise in paper technology, the company is a leading plant producer for the paper and pulp industry, delivering to well-known clients.

Kresta Anlagenbau focuses on industrial plant construction for the paper and pulp industry, petrochemical and chemicals industry, timbre industry and on the area of environmental technologies. With more than 500 employees, Kresta Anlagenbau is establishing itself as one of the leading players in this industry.

Capiton acquired a minority stake in Trenkwalder

capiton_trenkw
Datum:
2003
Branche:
Business services
Länder:
Austria, Germany
Competences:
Financial engineering, Cross border

MP Corporate Finance acted as the exclusive financial advisor to Capiton AG in the acquisition of a minority stake in Trenkwalder AG, a leading player in in the field of personal leasing in Central Europe.

At the start of 2003, Capiton invested in the Trenkwalder Group with the fund capiton II as part of a capital increase for cash. The additional equity was primarily provided for company acquisitions in Eastern Europe. The expansion targets were more than achieved with almost four times the turnover. After completing the expansion level, Trenkwalder Privatstiftung is now buying back the shares from capiton AG.

Capiton is a financial investor managed by its owners, which holds shares in bigger medium-sized companies in Germany, Austria and Switzerland due to management buyoutsand expansion financing. High-profit companies with a turnover of between EUR 50 and 500 million are preferred. The roots of Capiton AG, which is managed by its partners, go back to the end of the 1970s.

Trenkwalder is the biggest staff recruitment agency in Austria and market leader in Hungary, the Czech Republic and Slovakia. The company has been present on the market for 20 years.