
Odewald acquires AMT Schmid
Private equity firm Odewald KMU has acquired a majority stake in electronic vehicle parts manufacturer AMT Schmid.
The investment has been drawn from its Odewald KMU II fund, which closed on €200m in 2015. The fund invests in companies that have been founded within the last 10-30 years and generate sales of up to €100m. The fund writes equity tickets of €5-20m.
Company
Founded in 1980, AMT Schmid manufactures automotive components for battery-powered applications such as electric motors, gearboxes, electromagnetic brakes and special drive units for the medical, consumer and agriculture industries. The company is headquartered in Sauldorf-Krumbach.
People
Odewald KMU – Caspar von Hodenberg (investment manager).
AMT Schmid – Alexander Ludwig (managing director); Armin Schmid (managing director).
Advisers
Equity – Ebner Stolz (financial due diligence, tax).
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