Deals

RHI AG sold two fused cast production plants to LIVIA

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

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

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

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

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

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

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

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

Propak sold to Polinas

126 Propak - Polinas
Datum:
2017
Branche:
Packaging
Länder:
Turkey
Competences:
Sell side

MP Corporate Finance acted as financial advisor to the owners of Turkish Propak, a leading converter of flexible packaging for snacks markets, to film manufacturer Polinas, a group company of Yildiz Holding.

With headquarters in Istanbul (TR), Propak is a specialized converter of flexible packaging materials for snacks, confectionery and nuts & dried fruits markets. The company mainly supplies its products to multinational customers and regional leaders in Western Europe and Turkey (60% export share). Propak operates a leading-edge production facility in Düzce, east of Istanbul, and is able to provide the full spectrum of flexible packaging converting at highest quality. The company generates c. € 60m sales with about 300 employees.

Polinas is a leading manufacturer of BOPP, BOPET, CPP, metallized, coated, barrier and holographic film and tear tapes with a total production capacity of about 200.000 tons per year. The company has it’s headquarter and production in the Izmir region and offices in Istanbul and the US. Polinas is part of Yildiz Holding, one of the largest food manufacturers in Europe and MENA with annual sales of around € 10bn.

After significant investments in its production facility over the past years, the acquisition of Propak is another important step in Polinas’ growth strategy as it further adds consumer packaging converting capabilities to Polinas’ value chain. MP Corporate Finance acted as sell-side advisor to Propak and its shareholders, Southeast Europe Equity Fund II, a fund managed by SEAF and founding shareholder Serdar Cetin during the transaction.

Hinteregger Group sold to PORR

Hinteregger - Porr
Datum:
2017
Branche:
Construction
Länder:
Austria
Competences:
Sell side

MP Corporate Finance acted as the exclusive financial advisor to the shareholders of Erika Brandstetter Hinteregger-Holding GmbH in the sale of Hinteregger Group to PORR.

Based in Salzburg, Austria, Hinteregger Group is specialised in industrial civil engineering, power plant construction and underground construction. With its long-standing history the company can look back on an impressive track record of over 480km of gallery, road and rail tunnels and 49 run-of-river and high-alpine power plants. The group generated an annual production output of about € 220m in 2016 and has a workforce of about 890 employees.

PORR is a publicly listed construction company with its headquarters in Vienna, Austria and a full service provider in building construction, civil engineering and infrastructure construction. With its annual production output of close to € 4bn and over 15,000 employees the company is among Europe’s leading providers.

The takeover of 100% of shares in Hinteregger by PORR enables the two companies to offer their customers an even more comprehensive service range thanks to their highly complementary portfolio and bundled expertise. Hinteregger will continue to operate as an independent part of PORR.

MP Corporate Finance managed the entire process including support for the shareholders of Erika Brandstetter Hinteregger-Holding in structuring and executing the challenging transaction and the commercial lead in negotiations.

DYWIDAG sold to Hinteregger family

Dywidag-Hinteregger
Datum:
2017
Branche:
Construction
Länder:
Austria
Competences:
Sell side

MP Corporate Finance acted as the exclusive financial advisor to the shareholders of Erika Brandstetter Hinteregger-Holding GmbH in the sale of a 49% stake in DYWIDAG to the Hinteregger family.

In connection with the sale of Hinteregger Group to PORR , the 50% shareholder of Hinteregger, Erika Brandstetter Hinteregger-Holding GmbH, also transferred its stake in Linz-based construction company DYWIDAG to the Hinteregger family, which thus becomes 100% owner in the company.

MP Corporate Finance managed the entire process including support for the shareholders of Erika Brandstetter Hinteregger-Holding in structuring and executing the challenging transaction and the commercial lead in negotiations.

Pharmacelsus GmbH sold to GBA Group

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

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

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

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

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

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

Mecaplast Group sold its Truck business to mutares

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

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

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

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

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

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

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

Regnerbau Calw sold to The Toro Company

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

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

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

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

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

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

PolyCine GmbH sold to Armira

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

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

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

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

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

Fastner Group sold to Saint Jean Industries

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

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

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

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

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

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

capiton sold Schur Flexibles Group to Lindsay Goldberg

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

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

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

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

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

Körber AG sold Baltic Metall Grevesmühlen to Bader Group

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

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

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

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

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

Monofrax LLC sold to Callista Private Equity GmbH

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

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

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

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

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

Turkish Kalenobel sold to South African Mondi Group

109 Argus - Mondi
Datum:
2016
Branche:
Packaging
Länder:
Turkey, South Africa, UK
Competences:
Sell side, Cross border

MP Corporate Finance acted as financial advisor to the owners of Turkish Kalenobel in its sale to Mondi Group at a valuation of about EUR 90m for 90% of the shares. Kalenobel is a leading producer of flexible ice cream packaging and aseptic packaging.

Turkish Kalenobel is  a leading consumer packaging company focused on the manufacture of flexible consumer packaging for ice cream and other applications as well as aseptic cartons. Headquartered in Istanbul (TR), the company supplies both international FMCG companies in Europe and the MENA region as well as regional food and beverage producers. Kalenobel operates two modern production facilities in the northwest of Istanbul.

Mondi is an international packaging and paper group with annual sales of more than € 6.8 bn and key operations in central Europe, Russia, North America and South Africa. The company is fully integrated across the packaging and paper value chain. Mondi offers more than 100 packaging and paper products with a variety of applications including stand-up pouches, cement bags, clever retail boxes or office paper.

The acquisition of Kalenobel accelerates Mondi‘s growth in consumer packaging by adding new applications to Mondi‘s already broad product portfolio as well as expanding the company’s geographic reach to interesting high-growth markets.

Periscope GmbH sold its business operations to Cemtrex Inc.

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

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

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

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

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

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

ARGO SA sold ARGO Egypt to ALPLA Group

argo_alpla_420x140
Datum:
2015
Branche:
Packaging, plastic
Länder:
Greece, Egypt, Austria
Competences:
Sell side, Cross border

MP Corporate Finance acted as the exclusive financial advisor to Greece-based ARGO SA in the sale of ARGO Egypt, their Egyptian subsidiary, to ALPLA. ARGO Egypt is manufacturing rigid plastic packaging products for the healthcare and food markets.

MP Corporate Finance was exclusively retained by ARGO SA to advise on the engagement of a new strategic partner to further develop ARGO Egypt’s excellent technological capabilities, market positioning and backing the company‘s growth. The transaction underlines MP Corporate Finance’s cross border excellence and packaging industry expertise. The transaction marks the 10th packaging transaction executed in the last 24 months.

ALPLA has acquired 100% of the shares in ARGO Egypt.

Established in 1971, ARGO SA supplies rigid packaging materials for the personal care, pharmaceutical, chemical and food sector. In close collaboration with its customers, the company develops, designs and produces a variety of containers and closures. The company is capable of different manufacturing technologies including extrusion blow moulding, injection blow moulding and injection stretch blow moulding.

Founded in 2011 as a greenfield project northeast of Cairo, ARGO Egypt is a highly successful manufacturer of rigid plastic packaging products for the North African healthcare and food markets. ARGO Egypt is the technological leader in the respective area unrivalled regarding its high quality products.

ALPLA is one of the leading companies in the area of packaging solutions and is renowned throughout the world for producing plastic packaging of the highest quality. Around 16,000 employees at 154 locations across 40 countries produce high-quality packaging for brands in the food, drinks, cosmetics and cleaning industries. ALPLA is celebrating its 60th anniversary in 2015.

Pharmavize sold majority stake to Mentha Capital

100_pharmavize_mc_420x140
Datum:
2015
Branche:
Health care
Länder:
Belgium, Netherlands
Competences:
Sell side, Cross border, Financial engineering

MP Corporate Finance acted as the exclusive financial advisor to Pharmavize’s owners, in the sale of a majority stake in Pharmavize NV, a Belgium-based pharmaceutical CDMO, to Mentha Capital, a Dutch financial investor, in order to pursue a Buy-&-Build strategy.

As part of its efforts to further concentrate on its growth as high-quality provider of contract development and manufacturing as well as regulatory services to the pharmaceutical industry, Pharmavize’s shareholders agreed to sell a majority to Dutch private equity firm Mentha Capital.

Pharmavize provides the highest possible standard of CMC development services to a broad customer base from emerging bio-tech to tier-one pharmaceutical companies. Pharmavize is a contractor specialized in the development and manufacturing of early phase clinical studies and is operating a well-respected regulatory & compliance consultancy department. The company is serving a broad customer base from emerging bio-tech to tier-one pharmaceutical companies from all over the world, including Europe, the United States and Japan.

The participation of Mentha Capital adds to Pharmavize a strong and entrepreneurial partner to successfully further develop and internationalize the business and support Pharmavize on its growth path through a structured Buy-&-Build strategy.

Lenzing AG sold LENO Electronics GmbH to Melecs

97_lenzing_melecs_420x140
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.

Isowood majority-acquired by German TWE Group

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

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

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

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

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

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

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

Lenzing Technik’s Blechtechnik sold to GER4TECH

lenzing_geratech_420x140
Datum:
2015
Branche:
AB/MMI, Metal, Business Services
Länder:
Austria
Competences:
Sell side, Carve out

MP Corporate Finance acted as the exclusive financial advisor to Austria-based Lenzing AG in the sale of its non-core Sheet Metal business to the Upper Austrian company GER4TECH

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 Sheet Metal business unit to the Upper Austrian company GER4TECH.

The business unit is a renowned supplier of sophisticated metal processing solutions, including engineering, cutting and punching, assembly, surface treatment and logistics services for various industries. With its extensive material know-how, highest-quality products and unrivalled flexibility Lenzing Technik Blechtechnik has gained a leading position in the local market.

GER4TECH, through its subsidiaries Spießberger GmbH and HMS Mechatronik GmbH, provides metal processing as well as process automation and robotics solutions. With its existing competences in metal processing and entrepreneurial spirit, GER4TECH is the ideal partner for Lenzing Technik’s Sheet Metal business, which will operate under the name Lenzing Blechtechnik GmbH.

Lenzing Technik Automation & Robotik sold to cts GmbH

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

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

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

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

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

Italian Donau Carbon Technologies s.r.l. sold to private investors

96_DCT_Donath
Datum:
2015
Branche:
Plant Construction
Länder:
Italy
Competences:
Sell side, Carve out, Financial engineering

MP Corporate Finance acted as exclusive M&A advisor to the shareholder of Italian Donau Carbon Technologies s.r.l., an EPC provider of air pollution control plants, in the sale to a group of private investors.

ANGER Group majority-acquired and refinanced by Tongtai Machine & Tool Co.

TS_Ares_ 420x140
Datum:
2015
Branche:
Machine tool industry
Länder:
Taiwan, Austria
Competences:
Sell side, Financial engineering, Debt Refinancing

MP Corporate Finance acted as the exclusive M&A advisor to the shareholders of ANGER Group in the sale of a majority stake to Taiwanese Tongtai Machine & Tool Co., Ltd. ANGER is a pioneer in high-performance transfer centres.

MP Corporate Finance was retained by the owners to advise on the engagement of a new strategic partner backing the group’s further growth and to manage the transaction and debt refinancing process. During negotiations with several highly interested international investors, Taiwan-based Tongtai Machine & Tool Co., Ltd. crystallized as the optimal partner to accompany the group during globalization.

Tongtai has acquired a 76% shareholding in mbi-group Beteiligung GmbH, the holding of ANGER MACHINING and HELLMERICH, and refinanced the group. The investment of Tongtai provides the companies with independence from bank financing and enables them to advance their market position around the world.

Headquartered in Traun (AT), ANGER is the global market leader for high-performance transfer centres. Through unrivalled precision and production efficiency ANGER transfer centres revolutionized serial part machining processes in the automotive, vehicle and general metal processing industry. ANGER focuses on future-oriented applications for engine, transmission and chassis parts in aluminium or steel.

Based in Seeboden (AT), HELLMERICH is the firm of reference for maximum-precision multi-spindle heads, crown turret heads and precision components for the machine tool sector.

Family-owned, listed Tongtai is one of the largest machine tool companies in Taiwan with an exceptional presence in Asia and a manufacturing network spanning Taiwan, China and Malaysia. Its broad product portfolio covers advanced manufacturing solutions for diverse industries from automotive to general manufacturing and aerospace.

Its technological competence and renowned brand make ANGER an important pillar in Tongtai’s technology accretion and global expansion strategy. The new partner enables ANGER to broaden its international footprint in Asia and America and to roll out the new ground-breaking FLXBL product line.

LENZING AG sold DOLAN GmbH and ECF GmbH to WHEB Partners

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

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

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

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

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

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

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

Kresta industries sold Kresta Paper GmbH to GapCon

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

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

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

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

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

Flextronics sold Paderborn site to Selcom and 4K Invest

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

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

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

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

HTI re-capitalized by Investors

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

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

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

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

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

Ramaer sold to ELCO Group

TS_Arts
Datum:
2014
Branche:
Electronics, PCB
Länder:
Netherlands, Italy
Competences:
Sell side, Cross border

MP Corporate Finance acted as the exclusive financial advisor to the owner in the sale of the Dutch printed circuit board specialist Ramaer to elco, an Italy-based PCB producer backed by financial investor Fondo Italiano d'Investimento.

Ramaer is a leading producer of highly sophisticated Printed Circuit Boards (PCB) for the most demanding applications. Based in Helmond (NL) the company supplies double-sided and multilayer PCBs, flex and flex-rigid PCBs as well as high-density interconnect PCBs to the medical, industrial and avionics segment.

Headquartered in Rome (IT), elco is an international leader in PCB production with a focus on aerspacace & defense, industrial electronics, telecommunications and medical devices. With more than 40 years of manufacturing experience the company operates plants in Italy, France, Spain and China.

The transaction facilitates the realization of significant operating synergies based on increased regional market coverage, an enlarged product and service offering as well as transfer of production know-how and technological capabilities. Ramaer will continue to be an independent company within the elco Group and operations remain in the hands of the management team.

Oecon sold to Portakabin

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

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

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

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

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

Lenzing sold Lenzing Plastics to Invest AG

lenzing
Datum:
2013
Branche:
Plastics
Länder:
Austria
Competences:
Sell side, Carve out

MP Corporate Finance acted as the exclusive financial advisor to Lenzing AG in the sale of its subsidiary Lenzing Plastics GmbH - one of the world’s leading producers of specialty films, laminates and yarns out of Thermoplastics and PTFE - to a consortium led by Invest AG

As part of its efforts to further concentrate on its core business of manufacturing manmade cellulose fibres, Lenzing AG agreed to sell 85% of its shareholding in Lenzing Plastics GmbH to a bidding consortium led by Invest AG, the investment company of Raiffeisen Banking Group Upper Austria. The consortium also includes OÖ Beteiligungsgesellschaft m.b.H. & Co OG, Tyrol Equity AG and members of the management team.

Lenzing Plastics (LP) is one of the world’s leading producers and converters of specialty films and laminates out of Thermoplastics (such as roof underlinings, cable films or carry handles and tear tapes for consumer packing) as well as fibres and yarns for medical, technical and textile applications out of Polytetrafluoroethylene (PTFE). In the 2012 financial year Lenzing Plastics generated total sales of EUR 109.4 mn and an EBITDA of EUR 11.2 mn. The transaction is subject to approval by anti-trust authorities.

NPM Capital sold Plasticum to Lindsay Goldberg

NPM_Lindsay_Plasticum
Datum:
2012
Branche:
Packaging, Plastics
Länder:
Netherlands, USA
Competences:
Sell side, Cross border

MP Corporate Finance acted as exclusive financial advisor to Dutch NPM Capital and the minority shareholders in the sale of Dutch Plasticum Group, a manufacturer of functional plastic caps and closures, to US financial investor Lindsay Goldberg.

Plasticum, as a leading European manufacturer of functional injection moulded packaging solutions, produces innovative Caps and dispensing Closures for the Personal Care, Food and Home Care markets in four manufacturing facilities in Tilburg (NL), Ede (NL), Waldkirch (D) and North Walsham (UK). The company’s customers are renowned manufacturers of international brands and private labels. Plasticum generated a turnover of € 61 million in 2011 with approximately 300 employees and is currently mainly active in Europe. Leveraged upon the current business model and based on cost-effective and sustainable packaging solutions management plans a strong international expansion with the support of the new owner.

Lindsay Goldberg LLC is a US private equity firm with over USD 10 billion of equity capital under management supporting high-growth middle market companies with expert advice and considerable financial resources, especially to realize growth potential. The firm concentrates on a value-oriented and sustainable development of its portfolio: this is also reflected in the statutes of the Lindsay-Goldberg-Funds, which allow for a holding period of 20 years. Lindsay Goldberg is currently investing out of its USD 4.7 billion fund, which was launched in May 2009.

EN Electronic Network sold to Asteelflash

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

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

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

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

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.

Donauchemie sold Donau Carbon to INTECO special melting technologies

inteco
Datum:
2012
Branche:
Chemicals
Länder:
Austria, Italy
Competences:
Carve out, Sell side, Cross border

MP Corporate Finance acted as the exclusive financial advisor to Donau Chemie AG, in the sale of ist subsidiary Donau Carbon SpA, a plant construction engineering company for air treatment plants, to INTECO special melting technologies GmbH.

Vienna headquartered Donau Chemie AG produces and sells inorganic base chemicals for the chemical industry with three production sites for high qualitative products. As part of Donau Chemie AG’s strategic focus on its core operations, a decision was made to sell 100% of its non-core plant construction activities, being conducted by the Italian subsidiary Donau Carbon Italy.

Donau Carbon Italy, located close to Milano, has a successful history of 30 years and is an engineering and equipment supplying company with the capability and knowledge to develop a huge range of plants in the fields of air treatment and related environmental areas on a global scale. The main technologies are the treatment of volatile organic compounds (VOC), in particular Regenerative Thermal Oxidation Plants (RTO) and Solvent Recovery Plants (SR).

INTECO was founded 1973 in Bruck an der Mur/Austria. INTECO’s expertise and engineering qualities, as well as the offer of customized turn-key solutions have turned INTECO into the worldwide leader providing engineering services and equipment in the field of Primary and Secondary Metallurgical and Casting Equipment such as electric arc furnaces, vacuum degassing units, ladle furnaces and continuous casting machines for the production of steel and Ferro-alloys as well Special Metallurgy with a special focus on all kind of remelting furnaces for the production of high demanding products such as power generation applications and aircraft engines.

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

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

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

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

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

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

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

Contec Steuerungstechnik & Automation sold to Exceet Group

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

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

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

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

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

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

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

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

CCS Holding sold to Zurmont Madison

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

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

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

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

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

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

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

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

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

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

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

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

Zalai Nyomda sold to Carl Edelmann

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

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

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

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

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

LJH Holding sold Artax Kühlhaus Zentrum to Nordfrost

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

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

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

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

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

Teta sold Teta Corso to Libra Szoftver

teta_libra_420x140
Datum:
2009
Branche:
Electronics
Länder:
Hungary, Poland
Competences:
Carve out, Cross border, Sell side

MP Corporate Finance acted as the exclusive financial advisor to Teta (VT-Soft Kft) in the sale of the Public Sector & Municipality Solution business unit Corso to Libra Szoftver Zrt.

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.

ISS sold ISS temporary work division to Trenkwalder

iss_trenk
Datum:
2008
Branche:
Business Services
Länder:
Austria
Competences:
Sell side, Carve out

MP Corporate Finance acted as the exclusive financial advisor to ISS facility services in the sale of the business unit temporary staffing to Trenkwalder.

As part of its long-term strategy of focusing on providing integrated facility services (IFS), MPCF used a discreet sales process in order to be able to realise an optimal succession plan for all parties to the transaction.

In the past years, ISS Facility Services has been setting up its temporary work division, and with 900 employees today earns a turnover of approximately EUR 30 million. In Austria, ISS Facility Services GmbH is among the leading providers of IFS with well-known customers such as Canon, CNH, ABB, Hewlett Packard, etc.

ISS sold ISS Grünraum to Heidegger Beteiligungen

iss_heidegger
Datum:
2008
Branche:
Business Services
Länder:
Austria
Competences:
Sell side, Carve out

MP Corporate Finance acted as the exclusive financial advisor to ISS facility services in the sale of the business segment gardening and landscaping to Heidegger Betiligungen.

ISS Grünraum is market leader in Austria and has sites in Vienna, Lower Austria and Carinthia.

ISS Österreich is a subsidiary of the globally operating ISS Group, offering comprehensive services throughout Austria as a unique company of its kind. By acquiring the company Steinbauer in 2003, the green space competence of ISS in Austria was extended. By acquiring the hydroponics specialist Leni and the Carinthian garden design company WBZ, market leadership could be achieved in the field of Austrian green spaces. Services offered comprise garden design and maintenance, pond construction, roof greens, tree maintenance, interior landscaping, vegetation control and pest control, as well as various special services. In 2008, ISS Grünraum employed 150 staff at five sites.

Trust & Value is an investment company managed by its owners with approximately 20 employees at sites in Vienna, Munich and Sofia. The founding team of Trust & Value has many years of experience in consultancy and in the industry.

Capiton sold Gimborn to Penta

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

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

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

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

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

Wieland Group sold Schleicher Electronic to Aurelius

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

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

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

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

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

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

Capiton sold it`s stake back to Trenkwalder

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

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

Teufner sold to Wiesbauer

teufner_wiesb
Datum:
2003
Branche:
Consumer goods
Länder:
Austria
Competences:
Sell side

MP Corporate Finance acted as the exclusive financial advisor to the owners of Teufner GmbH, a meat specialist for large scale and gastronomy customers, in the sale to Wiesbauer GmbH, the leading producer of Austrian sausage specialities.

The takeover of the butchery enterprise in Lower Austria constitutes one of the biggest acquisitions in the local meat industry, opening up new opportunities both for Wiesbauer and for Teufner. Wiesbauer was already the industry leader and has been able to sustainably improve its positioning and product portfolio by taking over Teufner.

With its specialised industry expertise, MP Corporate Finance supported and advised Wiesbauer GmbH in all transaction phases, from the identification of potential takeover candidates to signing.