GERMANY – Capvis-backed Bartec acquires Vodec

Vodec Ltd, which is based in Nottingham, specialises in the production of communication and security systems applied in areas where explosive atmospheres may occur. These communication solutions are used, for instance, on an oil rig or in a chemical plant in order to warn the employees on site of any possible dangers.

Bartec's products and services are applied in all areas where hazardous substances such as combustible liquids, gases and dusts are used, with a client base consisting of manchinery manufacturers, plant constructors, and energy, chemicals and pharmaceuticals producers. Founded in 1975 and headquartered in Bad Mergentheim, Bartec has production sites in Germany, Switzerland, Slovenia and in China, with sales units in 25 countries and more than 50 sales representatives worldwide.

In the past financial year, Bartec achieved a turnover of more than EUR 200m in 2008, employing in excess of 1,350 people.

Capvis acquired the firm in 2008 from Allianz Capital Partners.

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• DACH