MP Corporate Finance acted as the exclusive financial advisor to KEBA AG in the acquisition of LTI Motion, a group of companies as part of Körber Automation

KEBA AG, a leading provider of innovative, integrated automation control systems and safety solutions for general as well as special industrial applications acquired LTI Motion Group, a  technically leading supplier of servo drive solutions headquartered in Lahnau, Germany.

The acquisition allows KEBA to position itself as one of the few turn-key providers of integrated industrial automation solutions. The combined operations thus enable KEBA to cater to a uniquely rounded and comprehensive portfolio of products and systems to its customers and further strengthens the company’s approach to provide tailored, industry-specific automation solutions to its customers.

“The portfolios of KEBA and LTI Motion complement each other perfectly. The great advantage for our existing and future customers is that this expertise is now bundled. Customers will now receive complete solutions from a single source – from operations, control and safety technology, to drive technology – and all this appropriate for their respective industry” Gerhard Luftensteiner, CEO of KEBA AG, explains.

The transaction marks a transforming step in KEBA’s development, increasing group sales by 40%, catapulting KEBA to the global Top10 of integrated automation solution providers.

MP Value Add

The MP deal-team acted as sparring partner to KEBA’s executive management during negotiation of the target’s valuation under challenging circumstances as well as structuring the purchase price payment, which included redemption of significant shareholder/cash-pool loans at closing as well as a deferred component.

Once again, MP successfully advised an industrial market leader in structuring a complex carve-out transaction involving a combination of share- and asset deals

  • Multiple locations around the world, incl. AT, CN, DE, IT, TW
  • Spatial separation of the acquired business
  • Transfer of production assets from Germany to China
  • Numerous and complex transitional service agreements