Horn Bau AG

BdW Beteiligungsgesellschaft für die deutsche Wirtschaft mbh & Co KG has provided an undisclosed amount of mezzanine capital for Horn Bau AG. So far the firm has not received a venture-backed investment. BdW has arranged all necessary due diligence itself.

Company

Kelkheim-based Horn Bau is a supplier of roof-waterproofing systems and currently employs some 250 staff in ten locations in Germany and abroad. In addition to roof-waterproofing systems the firm also supplies wall and cladding technology that is particularly used in the construction of industrial buildings and public building projects. Founded in 1979, the company has achieved rapid growth and sustained profitability. For 2002 the management expects turnover to increase to EUR 100m for the group. The latest funding will be used to further expand and strengthen Horn’s good market position.

People

Dieter Leonhardt, Bernd Konrad and Martin Kuzmicki arranged the funding on behalf of BdW.

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