Finatem buys HKM Sports Equipment
Finatem Beteiligungsgesellschaft has acquired a majority stake in German equestrian equipment manufacturer HKM Sports Equipment.
Founding director Klaus Egbers will remain in his role at the head of the company and retain a minority stake in the business.
Finatem is currently investing from its €150m buyout fund Finatem IV, which is currently still in the first half of its investment period.
HKM generated revenues of €25m in 2017, 80% of which came from European sales.
Company
HKM was founded in 1985 and is headquartered in Neuenhaus. It sells equipment for equestrian sports, including tournament clothing and accessories, stable supplies and equestrian clothing. The company employs 100 people.
People
Finatem Beteiligungsgesellschaft – Irmgard Schade (partner).
HKM Sports Equipment – Klaus Egbers (CEO).
Advisers
Company – Oaklins, Lutz Becker, Christoph Wilk (corporate finance).
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