Bregal Unternehmerkapital sells Gabo to trade for $310m

The sale ends a holding period of more than two years for Bregal, which drew capital from its first fund to acquire the business from Findos Investor.

Upon completion, Gabo will become part of Aptiv’s signal and power division HellermannTyton.

Previous funding
Findos completed the carve-out of Gabo from Polypipe in 2010 and secured a financing in 2015 from private debt funds Bluebay and Babson, as well as BKB Bank.

It sold the company to Bregal in 2010, at which point the company employed 150 people and generated sales of around €52m.

Company
Gabo designs, manufactures and distributes micro-duct systems for cable management, which are used by telecommunications companies and network providers. The company was founded in 1956 and first supplied Telekom with plastic pipes in 1970. It generates sales of $100m, according to a statement.

People
Aptiv – Kevin Clark (CEO).
Gabo Systemtechnik – Markus Karl, Roland Lederer, Alexander Rümmelein (managing directors).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Exits
• DACH
• Industrials
• Bregal Investments
• Germany
• Trade sale