VR Equitypartner sells stake in Vautid to trade

The company will operate as an independent entity under the new ownership, according to a statement.

A source familiar with the situation told Unquote that the sale process was initiated by the management of both companies, who entered into an exclusive process.

The source added that the deal had an enterprise value of less than €100m. 

VR Equitypartner bought a stake in the company in March 2007 as part of a management buy-in of Thomas Krämer-Wasserka. Since the end of 2010, the GP has been a majority shareholder in the company.

VR Equitypartner declined to comment.

Company
Vautid manufactures casting and welding products, specialising in products to protect metallic surfaces from wear. Its customer base included clients from the recycling and construction industries.

Based in Ostfildern, the company reports revenues of €40m and a headcount of 450. The company has sales offices in a number of locations in Europe, the US, South America and Asia. It has production plants in Germany, Portugal, India, China and Ecuador.

People
Vautid – Udo Scheer (managing director).
VR Equitypartner – Christian Futterlieb (managing director).

Advisers
Vendor – McDermott Will & Emery (legal).
Acquirer – Deloitte (legal, M&A).

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

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