MEngineering GmbH, Ravensburg, a leading German provider of specialized engineering services to the automotive industry, sold 100% of its shares to Alten GmbH, a subsidiary of French-listed Alten SA.
The NWD Group , a leading trading and service company in the dental sector, acquired NETdental, a German dental-consumable mail-order company.
The House of Fuerstenberg sold its subsidiary Holzindustrie Fürst zu Fürstenberg (wooden packaging business unit) to Industrial European Wood Products Holding GmbH, Düsseldorf. Holzindustrie Fürst zu Fürstenberg has been operating at its principal location in Southern Germany for some 100 years and evolved from its origins as a saw mill to an important manufacturer of wooden packaging for the automotive industry.
Reality bytes, an award-winning digital marketing agency based in Cologne, sold a majority stake to TWT Interactive Group. reality bytes advises clients on marketing, concept, design, and user interfaces, and also performs technical implementation. reality bytes currently has about 60 employees. TWT Interactive Group is one of the most successful founder-managed internet agency groups in Germany. The transaction was advised by Clairfield International in Germany.
KeepFocus, a leading Danish energy-management-systems company, was sold to a consortium of German investors who named the newco KeepFocus Europe GmbH.
DOREA Holding GmbH, a German owner and operator of nursing homes and a portfolio company of Quadriga Capital, a German private equity firm, acquired Meritus Seniorenzentren GmbH, an operator of elder care facilities.
iParts, a Polish leading online car spare parts distributor, was sold to Hella, one of the top 40 automotive suppliers and aftermarket distribution organisations for spare car parts in the world, headquartered in Germany.
The transaction was advised by Clairfield Poland / Germany.
Tentamus acquired BLS Analytik GmbH & Co. KG, a German company specialized in testing services, analysis, and quality certification in the food, pharma and consumer sectors. Tentamus is a growing international testing and analytic group, and one of the leading quality and safety services groups of medium-sized laboratories in the life-sciences sector. The transaction is a part of buy-and-build strategy to expand the operations of the Tentamus group in the very attractive industrial service sector. The acquisition was advised by Clairfield Germany.
Systemax Inc. (NYSE: SYX), an American Fortune 1000 company based in Port Washington, New York that sells personal computers, computer supplies, consumer electronics and industrial products, has signed a definitive agreement under which CANCOM SE (ETR:COK) shall acquire certain assets of Misco Germany. Cancom SE is a German provider of Information Technology (IT) systems and services.
The transaction, which is subject to certain closing conditions, is expected to close in August 2016. Financial terms of the transaction were not disclosed. Advised by Clairfield International in Germany.
Schneider Druckluft, a premium specialist for compressed air systems, was sold to Atlas Copco, a world-leading provider of sustainable productivity solutions. Schneider Druckluft, is based in Reutlingen near Stuttgart, Germany, and has about 110 employees. It also has offices in the Czech Republic and Slovakia. The company focuses mainly on piston compressors but offers a wide range of related products and services. It had revenues in 2015 of around EUR 27 million (SEK 250 million). Advised by Clairfield International in Germany.
Swedish investor Proventus sold the renowned Swedish toy company BRIO AB to the German Ravensburger Group. BRIO creates innovative wooden toys that give children a safe and fun play experience. The company was founded in 1884 and is represented in over 20 countries. BRIO is known for its high-quality wooden train sets and ranks among the most prestigious brands in the toy market. The deal makes it possible for BRIO to grow and also unites two family businesses, which share a similar corporate and product philosophy as well as a long history and tradition.
German SME investor Halder acquired PRAE-TURBO Group through a management buy-out. PRAE-TURBO was established in 2003 and focuses on machining compressor wheels for automotive turbochargers. The financing includes a long-term unitranche as well as a revolving credit facility. The new financing structure guarantees financial flexibility to the company and also supports the projected growth.
3i Group acquired Weener Plastic Packaging Group (WPPG) for EUR 450 million. The U.K.-listed firm bought the business from German private equity firm Lindsay Goldberg Vogel, investing EUR 250 million of equity in the deal. WPPG designs, develops and manufactures added value caps, closures, roll-on balls, jars and bottles for the personal care, food and beverage, and home care market. The Company operates in close proximity to its customers with a production network of 24 locations in 15 countries and 2,000 employees across the world. WPPG supplies a well-balanced customer portfolio with blue-chip names such as Beiersdorf, Colgate-Palmolive, L’Oréal, Nestlé, P&G, and Unilever.
Autonetzer, the German market leader in private car-sharing, was sold to Drivy, a French community-based car rental service. Autonetzer is Germany’s market leader in peer-to-peer car sharing with the largest offering of cars all over Germany and the highest number of registered members.
100% of Safil S.p.A and 80% of Gruppo Tessile Industriale, both Italian-based worsted yarn manufacturers, were sold to Südwolle Group, a leading global producer of worsted yarn for weaving, circular, and flat knitting in pure wool and wool blends. Safil is a renowned supplier of worsted yarns for the weaving and knitwear industries with approximately 700 employees and production facilities in Italy and Bulgaria. GTI, based in in Italy’s Biella province, develops, manufactures and commercializes worsted and woolen yarns for the weaving and knitwear industries.
Tieto, the largest IT services company in the Nordic region with annual revenues of about 1.5 billion euros, sold its Lean System business to a Finnish private equity fund managed by Korona Invest. Lean System offers ERP and manufacturing operations management (MOM) software for the manufacturing sector.
Rollon, a world leader in linear motion systems based in Italy, acquired the German company Hegra, which specializes in the production of telescopic and linear guides. Rollon produces linear motion systems for sectors such as railways, aerospace, machine tools, and medical equipment. In 2015 it opened new subsidiaries in Shanghai and Bangalore, in addition to those already present in France, Germany, USA and the commercial offices in Russia and Brazil. Hegra provides highly customized solutions for clients throughout the world. The takeover was finalized with the support of Linear Guides BV (controlled by Chequers Capital) and its partner in Rollon IGI SGR, who together intend to provide additional resources for acquisitions in the linear motion market segment.
Lindsay Goldberg, a leading global private-equity fund and manager of its own funds with a volume of more than USD 10 billion, acquired VDM Metals GmbH from ThyssenKrupp. VDM Metals GmbH produces high-performance materials with applications in the aerospace, chemical, oil and gas, energy production, automotive, electronics, and electrical engineering industries. VDM Group employs more than 2,000 employees at eight locations in Germany and the US and generates revenues of more than EUR 1 billion.
LFD group took over I.S.O. Roulements, a French specialist in the distribution of bearings, following a winding-up procedure filed before the Nanterre Commercial Court. LFD Group, based in Dortmund Germany, is a European leader in the production and distribution of bearings. The Group manufactures and supplies rolling bearings to companies in Germany and abroad.
Neometrics, a leading provider of outsourced manufacturing and engineering services to medical device OEMs, was acquired by Heraeus, a global business unit of Heraeus Holding GmbH.
The Bergquist Company, the leading global developer and manufacturer of thermal management materials and substrates for electronics systems, was sold to Henkel, a global leader in brands and technologies in three business areas: laundry & home care, beauty care, and adhesive technologies.
Italian IMR Automotive S.p.A. completed an acquisition of the German FPK Lightweight Technologies Deutschland GmbH. IMR is a world-class supplier in the manufacturing of exterior parts for the automotive and truck industry.
WeiChai Holding Group, one of the largest manufacturers of automobiles and machinery in the China, established a production partnership between its subsidiary Shendga Special Vehicle and Brock Kehrtechnik GmbH. The agreement includes cooperation for the development and serial production of selected municipal vehicles for the Chinese market.
MVZ Medizinisches Versorgungszentrum Saarbrücken GmbH was sold to via medis, a subsidiary of B. Braun Group. MVZ is the largest provider of dialysis treatment services in the federal state of Saarland in Germany.
Lauda, a global manufacturer of innovative thermostatic equipment and systems, acquired the Silicon Valley-based Noah Precision LLC. With the acquisition Lauda strengthens its position in the thermoelectric heating sector, with applications for the semiconductor and analytical system industries.
Lift & Engineering Services Limited was acquired by ThyssenKrupp UK PLC, a subsidiary of ThyssenKrupp AG. LES is one of the leading independent lift service providers in the UK, operating from locations in the Midlands and London, with over 100 employees. Clairfield UK advised LES.
Eckelmann Group sold a 100% stake in Cleanpipe Polska, a sanitary services company, to its current management in exchange for cash. Eckelmann Group is a privately-held group of shipping-industry companies based in Hamburg, Germany. Eckelmann Group offers waterside transportation and freightage, mainly on the Upper and Lower Elbe and the German inland waterway network. Clairfield Poland advised Eckelmann.
Italian IMR Automotive S.p.A. acquired German Sommer Industrielackierung GmbH. IMR is a world-class supplier in the manufacturing of exterior parts for the automotive and truck industry. IMR offers Tier 1 services and products to the most prestigious car manufacturers in the world, employing approximately 1300 workers in three different plants located in Northern Italy and one in Spain.
ADB Airfield Solutions acquired Lucebit Group and Erni. ADB Airfield Solutions is the worldwide leader in airfield ground lighting products for international and regional airports, military bases, and heliports. The new Group has around EUR 200 million of consolidated revenues.
Medort Group, a Polish orthopedic device company, acquired Meyra Ortopedia, one of the leading European producers and distributors of wheelchairs and other orthopedic devices.