
Vangionen Capital backs Guenter Hofstetter
Vangionen Capital has acquired Guenter Hofstetter, a German high-precision machine parts manufacturer currently under administration.
Guenter Hofstetter filed for bankruptcy at a court in Heilbronn in June. Dietmar Haffa of law firm Schultze & Braun was appointed as provisional administrator.
Vangionen is a private equity firm headquartered in Worms; it specialises in takeovers and buyouts of medium-sized companies based across Germany.
Company
Established in 1966 and headquartered in Schwaigern, Guenter Hofstetter specialises in high-precision machine parts manufacturing for the automotive, aerospace, mechanical engineering and healthcare industries.
The company employs 80 staff and generates annual revenues of around €6m.
People
Vangionen Capital – Christian Gutland (partner).
Advisers
Company – Bachert & Partner (legal); Dietz Tonhaeuser & Partner (legal).
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