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GERMANY - Barclays Private Equity acquires Konrad Hornschuch

Mareen Goebel
05 June 2008

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Barclays Private Equity has acquired surfaces specialist Konrad Hornschuch AG from a syndicate comprising DZ Equity Partner, L-EA, the mid-cap funds of state-owned L-Bank, and the management, for an undisclosed amount. The management retains a significant participation in the company.

Founded in 1898, Konrad Hornschuch AG is headquartered in Weissbach and is a provider of premium films and coated base materials. In 2007, the company increased its revenues by 7.7% to EUR 161.3m, with 74.3% of revenues generated from exports.

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