GERMANY - Paine & Partners to acquire Stabilus from Montagu Private Equity
Montagu Private Equity plans to divest Stabilus, a manufacturer of gas springs, to funds managed by Paine & Partners, LLC. The transaction is expected to close in April 2008. Terms of the transaction were not disclosed.
Stabilus GmbH, headquartered in Koblenz, develops, produces and distributes gas springs, hydraulic vibration dampers, hydraulic doorstays and automatic opening and closing systems for doors, trunk lids and tailgates. Stabilus has a workforce of approximately 3,300 employees worldwide, of which 1,600 are based in Germany. Stabilus has 11 production sites in 11 countries on five continents. Its customers include carmakers and industrial enterprises, such as manufacturers of agricultural machinery, household appliances and office furniture. Sales revenues for 2006/2007 were in the region of EUR 398.2m.
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Czech Republic-headquartered family office is targeting DACH and CEE region deals
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Ex-Rocket Internet leader Bettina Curtze joins Swiss VC firm as partner and CFO
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Estonia-registered VC could bolster LP base with fresh capital from funds-of-funds or pension funds








