
Halder buys Drumag Fluidtechnik and EPH Elektronik
German investment firm Halder has acquired a majority stake in Drumag Fluidtechnik and EPH Elektronik, two German suppliers of customised drive technologies combined in a joint group.
The investment in the group is the second investment from Halder VI, a vehicle that held a final close in January 2019. The fund focuses on investments in SMEs in the DACH region with turnover of €10-250m, according to Unquote Data.
Halder will support its portfolio companies in international expansion, the further development of their strategy and business model, and via investments to expand capacity and to finance add-on acquisitions.
LGT Private Debt provided the debt for the transaction.
Company
Drumag Fluidtechnik and EPH Elektronik are headquartered in Bad Säckingen and Besigheim-Ottmarsheim, respectively. In addition to the two German sites, the group has activities in Switzerland and Lithuania. Customer industries include mechanical engineering, aviation, packaging, automation and medical technology industries. The group supplies 2,000 customers, from large international corporations to medium-sized businesses. In 2018, a total of 145 employees generated sales of €22m.
People
Halder – Philipp Scheier (partner); Jatinder Pal Singh (investment analyst).
Drumag Fluidtechnik – Frank Kuttler (managing director).
EPH Elektronik – Stefan Schellmann (managing director).
Advisers
Equity – CMS Hasche Sigle, Oliver Wolfgram (legal); Luther, Christoph Schauenburg (legal); Deloitte, Christof Dreibholz, Clemens Petersen (corporate finance, tax); Estin, Marco Maeder, Philip Geiser (commercial due diligence); Anthesis, Frank Schmidt (environmental due diligence); Euro Transaction Solutions, Jürgen Reinschmidt (insurance due diligence).
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