Deals

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.

Scheuch acquired Schust Engineering Inc.

115 Scheuch - Schust
Datum:
2016
Branche:
Plant Construction
Länder:
Austria, USA
Competences:
Buy side, Cross border

MP Corporate Finance acted as exclusive M&A advisor to Scheuch Group in the acquisition of Schust Engineering Inc., a transaction marking one further step in Scheuch‘s structured globalization campaign.

Scheuch Group is an Austrian specialist in industrial air purification plants and clean-air technology for the wood-, wood-based products-, industrial minerals-, metals- and energy industries. The group‘s operations comprise approx. 1,000 employees in 20 countries.

Based in Fort Wayne, Indiana, USA, Schust Engineering provides EPC services (complex engineering, project management and services) for large scale industrial air pollution control (APC) systems. The Company further employs a team of highly qualified service engineers supporting the Company’s customers in installation and start-up of APC systems on site.

With the acquisition of Schust, Scheuch took the next step to expand its presence in the attractive North American market for industrial APC equipment and components, with Schust acting as turn-key provider for tailored APC solutions, complementing CamCorp’s wide range of standard APC products and equipment.

Giving insight to the transaction is Jürgen Donath, Managing Director and Sector Head of Machinery & Plant Construction at MP Corporate Finance: “Together with Scheuch’s previous acquisition of  CamCorp, the group now runs a sizeable, self-sustaining operation in the US. Both firms’ USPs are highly synergetic and complementary, with individual operations fitting together seamlessly. Together, both Companies position Scheuch as a full-service provider with top-technology capabilities in APC equipment and solutions in North America.”

Leveraging upon its existing contact network and pursuing a structured acquisition process, MP Corporate Finance succeeded in finding the perfect partners for Scheuch, completing transactions beneficial to the sustainable development of all companies involved.

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.

Mecaplast Group entered into an agreement to purchase Key Plastics

TS_420x140mecaplast_key plastics_2B
Datum:
2016
Branche:
Automotive Plastics
Länder:
France, USA
Competences:
Buy side, Cross border

MP Corporate Finance acted as the exclusive financial advisor to Mecaplast Group in the acquisition of Key Plastics, marking the formation of a new global Top 10 automotive plastics supplier.

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.

The Group comprises 27 plants, 16 customer services centres, 5 technical centres and 3 skills centres with ~6,000 employees in total spread over 18 countries generating sales of ~€735 million by serving major OEMs. In April 2016, funds  managed  by Equistone Partners Europe, a leading pan-European Private Equity investor, acquired a majority stake in Mecaplast in order to support the group´s growth strategy with the aim of becoming a global key automotive supplier with over €1 billion turnover.

Key Plastics, based in Livonia, Michigan, operates 12 manufacturing facilities worldwide, including painting facilities in six countries. The company manufactures automotive interior, exterior and under-the-hood plastic components with annual revenue of about $ 415m. It has about 3,500 employees worldwide.

MP Corporate Finance (MPCF) has been retained by Mecaplast Group as exclusive financial advisor supporting the global strategic growth plans in a structured buy-side approach. In the context of the contemplated transaction, the project team of MPCF acted as the main contact for the Sellers. Following the valuation and drafting of the offer documentation, MPCF coordinated a global due diligence team consisting of more than 150 people 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.

Through the transaction, Mecaplast Group will expand its presence in key markets such as the United States, Germany and China, and diversify its customer portfolio. The combined Mecaplast and Key Plastics groups will service all major global automotive manufacturers from facilities in virtually every major international market, offering its diversified customer base a broad portfolio of product capabilities from a truly global manufacturing footprint.

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.

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.

Scheuch Group acquired a majority interest in CamCorp Group

106 Scheuch - CamCorp
Datum:
2015
Branche:
Anlagenbau
Länder:
Austria, USA
Competences:
Buy side, Cross border

MP Corporate Finance acted as M&A advisor to Austrian Scheuch Group in the acquisition of US-based CamCorp Group as part of a structured globalization campaign.

Scheuch Group is an Austrian specialist in industrial air purification plants and clean-air technology for the wood, wood-based products, industrial minerals, metals and energy industries. The group‘s operations comprise approx. 1,000 employees in 20 countries.

CamCorp Group is based in Lanexa, Kansas, in the United States. The group is a specialist provider of industrial filtration equipment. The company provides filter systems of up to 160m³/hour as well as innovative dust collection solutions and material & air conveying equipment.

With the acquisition of CamCorp, Scheuch took an important step to further expand its presence in the large US-American market for industrial air pollution control equipment and components. CamCorp, with its established sales organization, manufacturing network and innovative product solutions, will allow Scheuch to serve existing and new clients for its technologically leading air purification plants and solutions with closer proximity and broader technology portfolio.

Together with the founders of CamCorp, who will retain parts of their shares, Scheuch intends to leverage both CamCorp’s as well as Scheuch’s products and know-how to develop a pan-continental APC partner for demanding industrial clients worldwide.

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.

Aluflexpack Group acquired Eliopack

101_aluflex_eliop_ 420x140_new2
Datum:
2015
Branche:
Food & Beverage, Healthcare, Packaging, Plastic
Länder:
Croatia, France
Competences:
Buy side, Cross border

MP Corporate Finance acted as the exclusive financial advisor to Aluflexpack Group, a European leader of flexible aluminium packaging solutions in the acquisition of French pharma and food packaging converter Eliopack.

Aluflexpack Group supplies innovative and high-quality flexible packaging solutions mainly to the dairy, confectionary, general human and pet food industry. Due to its distinct expertise in converting aluminium and plastic foils to premium packaging products AFP is the preferred supplier to leading global players and has long-standing relationships to Blue Chip customers. The company operates 6 production locations and generates revenues of more than € 120 million with about 700 employees.

Based in La Ferté Bernard, France, Eliopack laminates, prints, and slits films and foils for selected applications. With its leading-edge production technology Eliopack is a specialized supplier of blister foil, sachets and sleeves for the pharmaceutical, cosmetics and food sector. The company generates over € 20 million revenues with about 50 employees.

As part of the Montana Tech Components Group AFP pursues an active growth strategy to become one of the leading European flexible packaging players. The acquisition of Eliopack is a key strategic move in AFP’s European expansion plans. The transaction broadens AFPs geographic footprint and strengthens its activities in pharmaceutical and cosmetics packaging.

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.

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.

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.

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.

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.

KEBA acquired majority stake in Delem

KEBA_Delem-Index
Datum:
2013
Branche:
Electronics
Länder:
Austria, Netherlands
Competences:
Buy side, Cross border

MP Corporate Finance acted as exclusive financial advisor to KEBA AG, a provider of industrial automation solutions, in the acquisition of Delem bv, a manufacturer of machine controls for the metal processing industries.

DELEM is a leading player in the automation of sheet metal processing machines. KEBA thereby strengthens its position in the automation field and broadens its portfolio of catered industry sectors. MPCF advised KEBA in a structured acquisition process, spanning from the definition of the acquisition strategy through the management of the transaction process until closing.

DELEM B.V., founded in 1976 as Van Doorne’s Electronica voor Machinebouw, is the technological leader in the sheet metal machinery automation segment. As global player, the company has an excellent market position especially in Asia and is highly successful due to a superior business model. Gerhard Luftensteiner, CEO of KEBA AG CEO highlights:

“We are delighted to have acquired DELEM, as it is a company that possesses extensive experience and excellent know-how in press brake automation and supplies outstanding solutions which are relied upon by leading machine manufacturers around the world.”

DELEM’s founders handed over the operations to an experienced management team some years ago, and now subsequently exit as shareholders to KEBA, as new partner fostering the future development of the company. Within the KEBA Group, DELEM will continue to be an independent entity and operations will remain in the hands of the management team. Eddie Draaisma, the DELEM CEO, expresses:

“We are extremely pleased to have KEBA as new owner, as we know that we share a common philosophy of innovation and closeness to the customer. This means that DELEM’s further development can be actively pursued.”

As Gerhard Luftensteiner, the KEBA CEO explains: “As a consequence of the DELEM takeover, KEBA’s industrial automation business area, currently covering the plastics, robotics, packaging and mobile operation/ HMI (Human Machine Interface) segments will grow to include sheet metal working and thereby considerably strengthen our market position. KEBA is thus continuing its systematic internationalization process, involving both expansion and the foundation of new subsidiaries.”About KEBA: KEBA is an internationally successful company with a focus on industrial, banking and services, and energy automation. With its branches in Europe, the USA and Asia, KEBA projects generating sales of around EUR 145 million for the current business year ending March 31, 2013.

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.

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.

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

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.

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.

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

Ring International acquired Ecopolifix

rih_ecopolifix
Datum:
2011
Branche:
Chemicals
Länder:
Austria, Italy
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 Ecopolifix s.r.l. as part of the buy & build strategy.

Consisting of 30 enterprises, Ring International Holding as a group is a leading provider in the industrial coatings and the stationary industry. The group operates 12 production sites and currently employs a staff of 1,300 on three continents. Using a total of 83,000m² in production facilities, RIH has an annual output of approximately 1.7 billion foilings, 60 million ring binder mechanisms and some 185 million lever arch mechanisms for the office equipment industry. Furthermore, the group supplies various industrial clients with 20,000 tons of wet paint for road markings, anticorrosive coatings and other appliances, as well as 10,000 tons of powder coatings for various industrial purposes.

Ecopolifix was founded by a group of ambitious young entrepreneurs and, thanks to its dynamic management, seized world market leadership in thermoplastic- and hardening powder coatings within only a few years.

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.

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.

Megatech acquired Plastkov Group

megatech_plastk (2)
Datum:
2009
Branche:
Automotive, Plastics
Länder:
Czech Republic, Spain
Competences:
Buy side, Cross border

MP Corporate Finance acted as the exclusive financial advisor to Megatech Industries a producer of plastic parts for the automotive industry in the acquisition of the Czech markte leader Plastkov Group.

As part of its long-term expansion strategy, Megatech Industries SL acquired 100% of the shares in the Plastkov Group, the biggest injection moulding company of the Czech Republic and Slovakia. MP Corporate Finance advised the buyer in all phases of the process and was also commissioned with structuring acquisition financing and with the operative refinancing of Plastkov.

Thanks to the takeover, the Megatech Group will be able to serve regional customers even more extensively and extend is product portfolio further.

Plastkov is the biggest injection moulding company of the Czech Republic and Slovakia, offering injection technology with extensive services at three  sites, including tool manufacturing, injection moulding and complex assembly meeting highest design requirements.

Megatech is a leading automobile supplier for various global OEMs, with technology centres in Spain, Brazil and Romania. Megatech specialises in the development and production of security and design-sensitive plastics components.

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.

Ring International acquired Fritze Lacke

rih_fritzelacke
Datum:
2008
Branche:
Chemicals
Länder:
Austria
Competences:
Buy side, Buy&Build

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

As part of the regional growth strategy of Ring International Holding, MP Corporate Finance oversaw a discreet transaction process, which led to the acquisition of a majority share in Fritze Lacke GmbH. In 2008 and 2009, Ring International Holding obtained the majority of Niko, acquired Fritze Lacke GmbH, pro|office and a share in the Italian powder paint manufacturer puderlack Ecopolifix. At the end of 2008, the Group grew to approximately EUR 149 million in total, with most of the turnover obtained by the Group business unit office supplies.

Thanks to this new combination, the traditional brand Fritz Lacke, which was founded in 1987, can access the broad network of Ring International Holding and especially offer its customers a broader product range and a more extensive service.

Ring International Holding AG is a leading company in the areas 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.

Teta acquired VT-Soft Kft.

teta_vtsoft
Datum:
2008
Branche:
TIMES
Länder:
Hungary, Poland
Competences:
Buy side, Cross border

MP Corporate Finance acted as the exclusive financial advisor to Teta SA, a specialist of HR, ERP and MRP solutions, in the acquisition of a 86%-stake in VT-Soft Kft from Videoton Holding Zrt and ISZT Kft.

For Teta, the Polish market leader for personal software and IT services, this acquisition constitutes the first step towards international expansion. With the acquisition, Teta will be gaining further extensive experience and competence for public sector tenders in Eastern Europe.

VT-Soft Kft. (GmbH) is a Hungarian supplier of personal data processing software. The company develops software in the area of human resource management -systems, financial management for public bodies, HR outsourcing and IT security applications.

The listed TETA was founded in 1987 and is one of the biggest corporate software developers in Poland with approximately 300 employees. The core activities of Teta comprise the development of efficient and modern process management software for companies and authorities in Central and Eastern Europe.

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.

Ring International acquired Christ Lacke

rih_chrislacke
Datum:
2007
Branche:
Chemicals
Länder:
Austria
Competences:
Buy side

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

As part of the regional growth strategy of Ring International Holding, MP Corporate Finance oversaw a specific transaction process, which led to the acquisition of a majority share in Christ Lacke GmbH. Ring International Holding took over the traditional brand Christ Lacke with the aim of further extending its industrial paint division. As a result, Christ Lacke is in good company with other paint companies such as Rembrandtin, Rembrandtin Powder Coating or Fritze Lacke.

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, approximately185 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.

Christ Lacke is one of the leading companies in the Austrian paint industry. More than 33% of its production is exported. Its main markets are in Europe, primarily in Germany, Hungary, the Czech Republic, Slovakia, Slovenia, Poland, Romania and Russia. The company has extensive know-how in the areas of surface preparation, polymer and resin technology, paint formulation and application.

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.

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.

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.

Trenkwalder acquired Activia Personaldienstleistungen

trenkw_activia
Datum:
2006
Branche:
Business services
Länder:
Austria
Competences:
Buy side, Buy&Build

MP Corporate Finance acted as the exclusive financial advisor to Trenkwalder Personaldienste AG the market leader in personal leasing in Central Europa in the acquisition of Activia Personaldienstleistungen GmbH.

Die Trenkwalder AG übernimmt den heimischen Mitbewerber activia Personaldienstleistungen GmbH mit Sitz in Klagenfurt zu 100 Prozent. Obwohl die Trenkwalder AG eine führende Position im CEE-Raum anstrebt, ist es auch Teil der Strategie, die Marktführerposition auf dem Heimatmarkt weiter auszubauen. Mit der Übernahme von activia verstärkt Trenkwalder die Präsenz im Süden Österreichs deutlich. Activia profitiert durch die Eingliederung in das Trenkwalder-Netzwerk vor allem von der wirtschaftlichen Stärke und der Internationalität des Konzerns.

Die activia GmbH ist vor allem in den Bereichen Personalbereitstellung, Personalberatung- und vermittlung, sowie Payroll und Integrationsleasing tätig. 2006 wird ein Umsatz von 15 Millionen Euro erzielt.

Die Trenkwalder Personaldienste AG ist der mit Abstand größte Personalbereitsteller Österreichs und Marktführer in Ungarn, der Slowakei und Tschechien. Insgesamt wird im Trenkwalder Konzern 2006 ein Gesamtumsatz von rund 500 Millionen Euro erwirtschaftet. Der internationale Personalstand, des 1985 als “one man” Firma gegründeten Unternehmens, wird sich auf 42.000 Mitarbeiterinnen erhöhen. Trenkwalder ist mittlerweile insgesamt mit mehr als 240 Standorten in Europa (Österreich, Deutschland, Italien, Kroatien, Liechtenstein, Polen, Rumänien, Schweiz, Serbien, Slowakei, Slowenien, Tschechien und Ungarn) am Markt vertreten.

Kresta acquired Kanzler Verfahrenstechnik

kresta_kvt
Datum:
2006
Branche:
Plant construction
Länder:
Austria
Competences:
Buy side, Buy&Build

MP Corporate Finance acted as the exclusive financial advisor to Kresta Industries a producer of industrial plants in the acquisition of a minority interest in Kanzler Verfahrenstechnik GmbH, an engineering provider, as part of the growht strategy

The acquisition is part of the long-term strategy of Kresta to strengthen the Group with technologically well-positioned companies and to particularly increase added value in the area of process technology.

Kanzler Verfahrenstechnik GmbH (KVT) is an internationally active engineering firm with more than three centuries of experience in the development, construction and installation of process technology plants. Its portfolio comprises high-quality services, technical solutions for industrial gas cleaning and application and equipment-specific know-how for the manufacture of chemical secondary products from biogenous raw materials.

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 these industry segments.

Ring International acquired Rembrandtin

rih_rembrand
Datum:
2006
Branche:
Chemicals
Länder:
Austria
Competences:
Buy side, Buy&Build

MP Corporate Finance acted as the exclusive financial advisor to Ring International Holding AG in the acquisition of speciality coatings manufacturer Rembrandtin GmbH in Vienna, as part of the buy & build strategy

Ring International Holding AG acquired Rembrandtin GmbH as a strategic investor and intends to expand the company’s operations further. Thanks to optimised investments and consistent further development of its products, Rembrandtin is now ready for an expansion. The new owner especially seeks to significantly extend the paint business of Rembrandtin in Central and Eastern Europe via add-on acquisitions.

In 2005, Rembrandtin Lack GmbH achieved a turnover of approx. EUR 36 million and employed 131 staff. The company focuses on industrial paints and road markings; its strengths lie in high quality and productivity based on highly modern production equipment and in a high level of research activities. Products are sold globally, with core markets, apart from Austria, in Central and Eastern Europe and in the Far East.

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.

Etaone acquired Oberdorfer Kraft-Wärme-Kopplung

etaone_oberdorf
Datum:
2006
Branche:
Plant construction
Länder:
Austria
Competences:
Buy side, Buy&Build

MP Corporate Finance acted as the exclusive financial advisor to Etaone Holding in the acquisition of Oberdorfer K-W-K GmbH in Carinthia, a supplier of autonomous power supplies.

The energy plant manufacturer Etaone Holding located in the Burgenland is taking over the manufacturer of combined heat and power plants Oberdorfer BHKW GmbH from Oberdorf in Carinthia. The products of the newly acquired company will widen the product range of Etaone and further extend the high level of innovation. Large synergies result from the joint use of the sales and services network.

Etaone, with offices in Neckenmarkt, is the European technological leader for planning, construction and maintenance of block heat and power plants (BHKW) with electrical power of 0.5 – 32 MW. The company has branches in Austria, Hungary, Switzerland, Italy and Dubai and employs 125 staff.

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.

Etaone acquired Deutz Power Systems Hungary

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

MP Corporate Finance acted as the exclusive financial advisor to TVP (later Etaone) in the acquisition of Deutz Power Systems Hungaria, a service provider for automonous power plants.

Deutz Power Systems Hungaria produces gas engines. Upon taking over Deutz Hungaria, TVP Energy Systems now employs more than 90 staff and earns a turnover of more than EUR 30 million.

TVP Energy Systems is a medium-sized planner and manufacturer of emergency electricity aggregates and systems and of block heat and power plants, which was founded in Tyrol in 1994. Nikolaus Huter, who comes from a Tirol family of entrepreneurs, has been the majority owner since 2003 and also manages TVP as director.

Trenkwalder acquired KAPPA people

trenkw_kappa
Datum:
2005
Branche:
Business services
Länder:
Austria, Czech Republic
Competences:
Buy side, Buy&Build, Cross border

MP Corporate Finance acted as the exclusive financial advisor to Trenkwalder Personaldienste AG the market leader in personal leasing in Central Europa in the acquisition of the Czech personnel service provider KAPPA People a.s.

This gets Trenkwalder a step closer to realising its goal of becoming the leading recruitment agency in Central Europe.

KAPPA Personal a.s. was founded in 1991 as a private company and converted to a public company in 2001. 95 percent of the turnover was achieved by providing industry with labour. KAPPA has 120 internal employees at 18 sites in the Czech Republic and at ten sites in Slovakia. Its market share is 20 percent. In 2004, 3,400 temporary workers were placed with a volume of six million working hours. Its main customers include LEGO, Danone, Euromedia Group, Schneider Electric and Hella Autotechnik Nova.

With a market share of 17 percent, Trenkwalder Personaldienste AG is by far the biggest HR agency in Austria and the market leader in Hungary, Slovakia and the Czech Republic. In total, the Trenkwalder Group achieved a total turnover of approx. EUR 300 million in 2004. Its employees will internationally increase to significantly more than 30,000. Trenkwalder has branches at 140 locations in eleven countries (Austria, Italy, Germany, Hungary, Slovakia, Slovenia, the Czech Republic, Croatia, Serbia-Montenegro, Romania and Poland) and is planning further acquisitions.

Vécsey acquired Dunakenyér

vecsey_dunakenyer
Datum:
2005
Branche:
Consumer goods
Länder:
Hungary
Competences:
Buy side, Buy&Build

MP Corporate Finance acted as the exclusive financial advisor to Vécsey, a Budapest based bakery chain in the realization of a buy & build strategy to consolidate the Hungarian bakery market and the acquisition of Dunakenyer Kft.

Vécsey acquired Kovász

vecs_kova_420x140
Datum:
2004
Branche:
Consumer goods
Länder:
Hungary
Competences:
Buy side, Buy&Build

MP Corporate Finance acted as the exclusive financial advisor to Vécsey, a Budapest based bakery chain in the realization of a buy & build strategy to consolidate the Hungarian bakery market and the acquisition of Kovász Kft.

Vécsey acquired Interback

vecsey_interb
Datum:
2004
Branche:
Consumer goods
Länder:
Hungary
Competences:
Buy side, Buy&Build

MP Corporate Finance acted as the exclusive financial advisor to Vécsey, a Budapest based bakery chain in the realization of a buy & build strategy to consolidate the Hungarian bakery market and the acquisition of Interback Kft.

In 2004, the medium-sized bakery Véksey Kft had a market share of less than one percent in Budapest and its surrounding area. The owner Dr. Kralik decided to implement an extensive buy & build strategy to overcome the critical company size by acquiring companies in order to actively drive the consolidation in the industry.

Over the course of implementing his expansion plans, he commissioned MP Corporate Finance to carry out the company acquisitions and to structure and negotiate the necessary acquisition financings. After the financing structure had been determined and the capital was available, in November 2004, the equally sized Kovasz GmbH and the approximately four times bigger Interback GmbH were taken over and integrated. In May 2005, the approximately twelve times bigger Dunakenyer AG was taken over. MP Corporate Finance guided and supported Vécsey Kft throughout the entire financing and acquisition process, from the identification of potential takeover candidates and investors via organising the purchase price funds up to signing and closing of the individual transactions.