Deals

Körber AG sold Baltic Metall Grevesmühlen to Bader Group

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

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

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

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

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

Monofrax LLC sold to Callista Private Equity GmbH

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

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

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

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

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

Periscope GmbH sold its business operations to Cemtrex Inc.

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

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

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

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

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

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

Lenzing AG sold LENO Electronics GmbH to Melecs

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Datum:
2015
Branche:
Electronics, Business Services
Länder:
Austria
Competences:
Sell side, Distressed M&A, Carve out

MP Corporate Finance acted as the exclusive financial advisor to Austria-based Lenzing AG in the sale of its non-core Mechatronics business LENO Electronics GmbH to Melecs

Lenzing AG, headquartered in Austria, is the world’s leading producer of man-made cellulose fibres. In the course of its continued focus on the core business -man-made cellulose fibers- Lenzing AG disposed of non-core business units of Lenzing Technik. In this context, Lenzing AG sold the Mechatronics business unit LENO Electronics GmbH, based in Schörfling, AT, to the Austrian company Melecs.

Founded in 2004, Lenzing Technik’s Mechatronics business has continuously broadened its customer base in the past years and established itself as a competence centre for the development and production of high-end electronics solutions. Today, LENO Electronics is a leading full-service provider of integrated mechatronics solutions including engineering, manufacturing and assembly for medical technology and industrial applications.

Headquartered in Vienna, Melecs is an internationally active solutions partner for electronics   manufacturing, switchgears and system integration with strong positioning in white goods. With theacquisition of LENO Electronics Melecs further strengthens its footprint in the industrial electronics and medical technology sector.

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.

LPP Leiterplatten Pfullingen sold to Tecnomaster Group

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

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

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

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

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

Pöllmann RA sold Müsing to Felbermayr Group

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

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

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

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

Pöllmann RA sold Hagn Umwelttechnik to Felbermayr Group

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

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

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

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

PLUTA RA sold Reinhold Meister to Felbermayr Group

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

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

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