DPE invests in First Sensor

The capital will be used for further expansion and the acquisition of fellow sensor solution provider Sensortechnics. The bolt-on will strengthen First Sensor's market position, particularly in the life sciences sector. A total of 3.312 million shares will be issued at a price of €10.

Debt
Commerzbank and Deutsche Bank provided a long-term credit facility for the deal.

Company
First Sensor develops and produces pressure sensors to operate at normal to high temperatures for the life sciences, industrial, mobility, security and aerospace sectors. It was launched in 1991 as a spin-off from the Technical University of Berlin and was listed on the Frankfurt stock exchange in 1999. The company currently employs more than 400 staff and reported a turnover of €45.2m in 2010.

Sensortechnics is a developer and distributor of sensor solutions for the medical engineering sector. Founded in 1982, the firm is headquartered in Puchheim and employs more than 80 people.

People
Marc Thiery, Volker Hichert and Guido Prehn worked on the transaction for DPE.

Advisers
Equity – Norton Rose, Frank Regelin (Legal); Equinet Bank (Corporate finance)

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

• Topics
• DACH
• Industrials
• PIPEs
• Germany