GERMANY - CornerstoneCapital AG acquires Stanniolfabrik Eppstein
CornerstoneCapital has acquired a majority stake in technical metal foils producer Stanniolfabrik Eppstein from JL Goslar Group for an undisclosed amount, alongside co-investors including Columbus Investment AG and company CEO Dirk Mälzer.
Stanniolfabrik Eppstein is a manufacturer of technically advanced and specialised non-ferrous technical metal foils. Clients hail from the medical technologies, material testing, electronics, battery manufacturing, packaging and decoratives industries. The company achieves an annual turnover of EUR 20m and employs a staff of 80.
The equity for the transaction comes from CornerstoneCapital Fonds II, which closes its first investment with this transaction.
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