MP Corporate Finance acted as M&A advisor to Austrian Scheuch Group in the acquisition of US-based CamCorp Group as part of a structured globalization campaign.
Scheuch Group is an Austrian specialist in industrial air purification plants and clean-air technology for the wood, wood-based products, industrial minerals, metals and energy industries. The group‘s operations comprise approx. 1,000 employees in 20 countries.
CamCorp Group is based in Lanexa, Kansas, in the United States. The group is a specialist provider of industrial filtration equipment. The company provides filter systems of up to 160m³/hour as well as innovative dust collection solutions and material & air conveying equipment.
With the acquisition of CamCorp, Scheuch took an important step to further expand its presence in the large US-American market for industrial air pollution control equipment and components. CamCorp, with its established sales organization, manufacturing network and innovative product solutions, will allow Scheuch to serve existing and new clients for its technologically leading air purification plants and solutions with closer proximity and broader technology portfolio.
Together with the founders of CamCorp, who will retain parts of their shares, Scheuch intends to leverage both CamCorp’s as well as Scheuch’s products and know-how to develop a pan-continental APC partner for demanding industrial clients worldwide.