#transactionnews 📰 𝐖𝐞 𝐡𝐚𝐯𝐞 𝐬𝐮𝐜𝐜𝐞𝐬𝐬𝐟𝐮𝐥𝐥𝐲 𝐜𝐨𝐦𝐩𝐥𝐞𝐭𝐞𝐝 𝐭𝐡𝐞 𝐚𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧 𝐨𝐟 𝐭𝐡𝐞 𝐟𝐨𝐫𝐠𝐢𝐧𝐠 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐢𝐧 𝐆𝐞𝐫𝐦𝐚𝐧𝐲 𝐨𝐟 𝐂𝐈𝐄 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞.
The three forging businesses, namely Gesenkschmiede Schneider, Schöneweiss & Co. and Falkenroth Umformtechnik, headquartered in Germany, are specialized in forging and machining with a focus on customers in the truck market. Together, they employ around 600 employees and generate revenues of ca. EUR 220 million.
The transaction will further strengthen the FerrAl United Group, a supplier of multi-material machined solutions and systems, as an add-on acquisition. The integration is expected to create valuable synergies in the area of customers and production machinery for forging and friction welding capabilities. In addition, the combination of all companies will contribute to operational improvements in procurement and the realization of cross-selling potentials, which will ultimately increase competitiveness providing the three companies access to new technologies and expertise through the support of the Mutares team.
#listed #privateequity #portfolio #closing #growth
Product Manager presso Atlas Copco Italia
1wWell done!