Deals

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.

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.

Zurmont Madison acquired AKAtech

akatech-neu
Datum:
2012
Branche:
Electronics
Länder:
Austria, Switzerland
Competences:
Buy side, Buy&Build, Cross border

MP Corporate Finance acted as Financial advisor to Swiss Zurmont Madison Private Equity in the acquisition of a majority shareholding in Austrian AKAtech - a specialist in high-quality electromechanical assembly and the manufacture of complex wiring harnesses.

Zurmont will provide active financial and industrial support in implementing the next steps towards growth. AKAtech, which has its head office in the Austrian town of Frankenmarkt, currently employs around 350 people at three production facilities in Austria and Slovakia. The company assembles semi-finished goods, as well as complete systems and devices, for customers all over the world. Its high level of expertise in electromechanical production is primarily used for applications in the fields of mechatronics and medical technology. At the same time, the company has also established itself as a specialist in the manufacture of high-quality wiring harnesses. The group generated sales of more than EUR 30 million in 2011.

With Zurmont Madison, the company gets a strong partner, with the previous owners remaining actively involved in the running of the company. Zurmont Madison’s majority interest (55%) will open up access to solid financing solutions and help in the implementation of its ongoing growth strategy. After experiencing rapid growth over the past ten years, the company now faces the next step towards internationalization. In particular, the synergies with Zurmont Madison Group shareholdings featuring similar setups lead to expect the company to continue to develop in a healthy manner.

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

Kresta acquired BussChem Tech

kresta_busschem
Datum:
2011
Branche:
Plant construction
Länder:
Austria, Switzerland
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 Buss ChemTech AG, a provider of basic engineering for industrial plants for the chemical and pharmaceutical industry, as part of the growth strategy

As part of its sustainable growth strategy KRESTA industries, a leading company in the field of plant construction for the paper, chemical and petrochemical industry acquired the majority of the shares of BUSS ChemTech AG.

MP Corporate Finance acted as the exclusive financial advisor to KRESTA industries and furthermore as arranger for the necessary acquisition financing. KRESTA industries is one of the leading providers of solutions for the paper, chemical and petrochemical industries ranging from the basic engineering via the construction and erection of the plants to the ongoing maintenance work. Headquartered in Austria KRESTA industries is focused on the engineering, construction and maintenance of plants for the paper, chemical and petrochemical industries. With more than 600 employees and more than 15 plants within the German speaking region KRESTA industries is well recognised as one of the leading players within this field.

BUSS ChemTech is a leading technology provider for the chemical industry with more than 60 dedicated engineers and an own development centre for the optimisation and scaling of chemical reactions.

Located in Switzerland BCT is supplying its engineering services to clients from the chemical industry all over the world. The acquisition of BUSS ChemTech enables KRESTA to further strengthen its market position in the chemical industry and to further develop itself to a one-stop solution provider for its client, being able to supply complete chemical plants from the basic engineering, over the construction and erection works to the ongoing maintenance

CCS Holding acquired Adaxys Group

CCS_adaxys
Datum:
2011
Branche:
Electronics
Länder:
Switzerland
Competences:
Buy side, Buy&Build

MP Corporate Finance acted as the exclusive financial advisor to Swiss’ CCS Customer Care & Solutions Holding AG in the acquisition of Adaxys SA, an EMS provider, as part of the buy & build strategy.

Following the previously arranged succession for CCS Group with Zurmont Madison and in course of the aspired Buy & Build Strategy, MPCF advised its client on the acquisition of Adaxys including financial, strategic and integration-related aspects.

Adaxys Group is an EMS provider specializing in small and medium volumes and high product mix for industrial electronics. It provides extensive engineering, development, and manufacturing and logistics services along the entire product life cycle. The company manufactures technically demanding specific solutions, principally for clients in the German-speaking area. Located in Mendrisio and Hombrechtikon, it serves prominent clients on a national and international scale with an emphasis on key industries such as energy, machinery, smart automation, high-frequency solutions, communication and defence.

CCS and Adaxys complement each other outstandingly and will be able to mutually benefit from client relationships, sales activities and in purchasing. The strategic alliance between the two creates a company that is the number one in Switzerland and the seventh-largest provider in the DACH region (Germany, Austria and Switzerland) with more than 1,300 dedicated employees operating at seven locations throughout the world, including three in Switzerland, as well as in Germany, Sri Lanka, China and Hong Kong. Complementary client portfolios, locations and technical expertise will strengthen the positioning of both companies for many years to come. Thanks to a European-Asian production and competence platform, a wide range of client needs can be covered and proximity to clients further intensified.

The realization of the buy-and-build strategy will give the group a competitive edge in the attractive, but fiercely fought-over E2MS market and means that small and medium-size enterprises in the industrial, instrumentation and control technology, transport, communication, building services engineering, medicine and avionics sectors can be serviced more flexibly. Management from both companies will be in charge of future operations, providing best practices for its international customers according to the company slogan “Asian Efficiency and European Precision”. Zurmont Madison has to date invested more than CHF 400 million in equity capital in 20 shareholdings by focusing on financing corporate successions, MBOs and spin-offs of Group companies in Switzerland, Germany and Austria. The current Zurmont Madison Private Equity L.P. fund has a volume of CHF 250 million and currently owns four majority shareholdings: Röder Zeltsysteme und Service AG, Germany; Schweizer SMB SA in Ticino; CLS Communication AG in Zurich; and Bauwerk Parkett AG in St. Margarethen.

Contec Steuerungstechnik & Automation sold to Exceet Group

contec_exceet
Datum:
2011
Branche:
Electronics
Länder:
Austria, Switzerland
Competences:
Sell side, Cross border

MP Corporate Finance acted as the exclusive financial advisor to the owner of Austrian CONTEC Steuerungstechnik & Automation GmbH in its sale to Swiss exceet Group AG, a portfolio company of German VENTIZZ Capital Partners Advisory AG.

CONTEC is a full service Electronic Manufacturing Services company offering individual design, consulting, development, production and high-level assembly of customer projects worldwide with its main focus on medical technology. exceet Group AG is one of the leading providers of embedded electronics and security solutions in Europe and will further extend its technological know-how and development skills with this acquisition. Together with VENTIZZ Capital Partners, exceet Group will be a strong partner for actively expediting CONTEC’s growth strategy on an international scale by enabling synergies and strengthening qualitative and quantitative potentials.

CCS Holding sold to Zurmont Madison

ccs_zumont
Datum:
2011
Branche:
Electronics
Länder:
Switzerland
Competences:
Sell side

MP Corporate Finance acted as the exclusive financial advisor to the founders and management of Swiss' CCS Customer Care & Solutions Holding AG, an EMS provider, in the MBO to Zurmont Madison Private Equity.

In the course of the founder’s and majority owner’s long-term succession plan, MP Corporate Finance conducted a discreet transaction process providing a succession solution for the founders and new financial and shareholding partner for the management of the CCS group.

CCS is a global outsourcing partner for electronic engineering and manufacturing services (E2MS) with around 1,000 employees and sites in Switzerland, Germany, Sri Lanka and China. The company offers outsourcing services for electronic and mechatronic applications including the development of hardware, software and test concepts as well as material management and the production and life-cycle management of assemblies and machinery. CCS‘ international production environment with state-of-the-art sites allows for customer-specific engineering and prototyping as well as the assembly, testing and monitoring of pilot to medium series.

Zurmont Madison will be a strong partner for CCS and ensure a stable succession. The founders will retain a stake in the company. The previous management team will also hold a stake in the company and will remain responsible for the operational management of CCS.

To date Zurmont Madison has invested more than CHF 400 million in equity capital into 20 portfolio companies by focusing on financing corporate successions, MBOs and spin-offs of Group companies in Switzerland, Germany and Austria. The current Zurmont Madison Private Equity L.P. fund has a volume of CHF 250 million and currently owns four portfolio companies: Röder Zeltsysteme und Service AG, Germany; Schweizer SMB SA in Ticino; CLS Communication AG in Zurich; and Bauwerk Parkett AG in St. Margarethen.

Capvis acquired a majority stake in ACP

capvis_acp_420x140
Datum:
2007
Branche:
TIMES
Länder:
Austria, Switzerland
Competences:
Financial engineering, Cross border

MP Corporate Finance acted as the exclusive financial advisor to Capvis Equity Partners in the acquisition of a majority stake in IT service provider ACP.

Capvis acquired KCS Industrie Holding

capvis_kcs
Datum:
2000
Branche:
Plant construction
Länder:
Austria, Switzerland
Competences:
Financial engineering, Cross border

MP Corporate Finance acted as the exclusive financial advisor to Capvis Equity Partners in the acquisition of a majority stake in KCS Industrie Holding AG, a provider of industrial plants for the steel industry

Capvis acquired Polytec Group

capvis_polytech
Datum:
2000
Branche:
Automotive, Plastics
Länder:
Austria, Switzerland
Competences:
Financial engineering, Cross border

MP Coporate Finance acted as the exclusive financial advisor to Capvis Equity Partners in the SBO of Polytec, a leading European supplier of plastic parts for the Automotive industry.

As part of the SBO, a capital increase was performed and two third of previous shareholders were replaced. The founder of the company continues to manage the company as a strong minority shareholder.

The injected capital was used to buy new production sites in Europe, which supplement the portfolio of Polytec and enable access to new customer groups.

The Polytec Group is the European market leader for plastic parts for the automobile industry, which are required in small numbers, such as spoilers as original accessories or bumpers for niche vehicles. In the year 2000, the company achieved a turnover of approximately EUR 80 million.