
Perusa buys Schuberth Holding
Perusa has bought a majority stake in helmet manufacturer Schuberth Holding from investment firm Susquehanna International Group (SIG).
The capital for the transaction was provided via the GP's Perusa Partners Fund 2 vehicle, which held its first and final close in November 2011 at €207m.
Former majority shareholder SIG will now hold a minority stake in Schuberth.
Company
Schuberth was founded in 1922, is based in Magdeburg and opened a subsidiary office in the US in 2010.
The firm provides technology for head protection, manufacturing helmets for Formula 1 racing, motorcycles, fire-fighting, industrial safety, police and the military. Schuberth exports its products to 55 countries worldwide.
People
Hanno Schmidt-Gothan is managing director of Perusa. Jan Becker is managing director of Schuberth Holding's subsidiary Schuberth Protection Products & Solutions. Michael Mack is investment director of Perusa.
Advisers
Equity – Ernst & Young (Financial due diligence); Norton Rose Fulbright (Legal).
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