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.

Schur Flexibles Group acquired a majority holding in Drukkerij Zwart

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

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

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

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

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

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

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

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

Eberspächer acquired a majority stake in Vecture

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

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

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

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

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

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.

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.

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.

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.

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.

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

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.

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.

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.

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.

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.