Invision buys Kraft & Bauer
Swiss firm Invision Private Equity has bought German fire protection business Kraft & Bauer Brandschutzsysteme (K&B) as part of a succession solution.
Following Invision's buyout of K&B, the GP will look to support the business's international expansion, particularly in Germany's neighbouring countries. The company's former owner Klaus Bauer will retain a minority stake in the business and will continue to lead K&B.
Invision was attracted to the company's combined offering of technology and service, the GP said in a statement.
Company
K&B provides fire safety solutions for tools and machinery, offering both systems and servicing. The company was founded by Karl Kraft in 1969 and was taken over by Klaus Bauer after 1990.
K&B's main locations are Holzgerlingen (Germany) and Bannwil (Switzerland), and it has six further facilities around Germany. Customers include manufacturers of machinery and large industrial businesses. K&B employs 60 people.
People
Frank Becker is managing partner at Invision.
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